Retirement of Treasury Stock
SoftBank Group Corp. (“SBG”) today announced that its Board of Directors approved the retirement of treasury stock as follows, pursuant to Article 178 of the Companies Act of Japan.
|(1) Class of shares to be retired||Common stock of SBG|
|(2) Number of shares to be retired||340,880,200 shares|
(16.31% of total number of shares issued prior to the retirement)
|(3) Planned retirement date||May 11, 2021|
1. Number of shares prior to the retirement (as of March 31, 2021)
|Total number of shares issued||2,089,814,330 shares|
|Number of treasury stock||351,297,587 shares|
(16.81% of total number of shares issued)
2. Number of shares after the retirement (estimated as of May 11, 2021)
|Total number of shares issued||1,748,934,130 shares|
|Number of treasury stock||10,417,387 shares|
(0.60% of total number of shares issued)*
Calculated based on the number of treasury stock as of March 31, 2021.
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