Breadcrumb

News

Press Releases

Status and Completion of Share Repurchase in accordance with the Board Resolution as of July 30, 2020 and Determined Number of Shares to be Retired

(Share repurchase under the provisions of SBG’s Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan and retirement of treasury stock pursuant to Article 178 of the Companies Act of Japan)

SoftBank Group Corp.

SoftBank Group Corp. (“SBG”) announced the status of the repurchase of its own shares conducted on May 12, 2021 as follows, pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3. This concludes SBG’s share repurchase in accordance with the resolution made by the Board of Directors on July 30, 2020, as well as the share repurchase of up to JPY 2 trillion based on the program announced in “SoftBank Announces JPY 4.5 trillion (USD 41 billion) Program to Repurchase Shares and Reduce Debt” dated March 23, 2020 (the “JPY 4.5 Trillion Program”).

In addition, the number of treasury stock to be retired as announced in “Retirement of Treasury Stock” dated today, May 12, 2021, pursuant to Article 178 of the Companies Act of Japan, has now been determined.

I. Status of share repurchase in accordance with the resolution made by the Board of Directors on July 30, 2020

(1) Class of shares repurchased:Common stock of SBG
(2) Total number of shares repurchased:1,842,500
(3) Total amount of repurchase:JPY 17,071,093,100
(4) Repurchase period:May 12, 2021 (execution base)

For Reference:

1. Details of the resolution made by the Board of Directors on July 30, 2020
(1) Class of shares to be repurchased:Common stock of SBG
(2) Total number of repurchasable shares:240,000,000 (maximum)
(3) Total amount of repurchase:JPY 1 trillion (maximum)
(4) Repurchase period:From July 31, 2020 to July 30, 2021
2. Cumulative number of shares repurchased, based on the resolution made by the Board of Directors on July 30, 2020 (as of May 12, 2021)
(1) Total number of shares repurchased:106,661,500
(2) Total amount of repurchase:JPY 999,999,968,500

II. Results of share repurchases based on the JPY 4.5 Trillion Program

As of May 12, 2021
Date of Board
resolution
Total number of shares
repurchased
Total amount of
repurchase
Repurchase period
May 15, 202081,940,400JPY 500 billionFrom June 17, 2020
to August 3, 2020
June 25, 202070,579,400JPY 500 billionFrom September 15, 2020
to December 11, 2020
July 30, 2020106,661,500JPY 1 triilionFrom December 14, 2020
to May 12, 2021
Total259,181,300JPY 2 trillion 
(Reference: Status of share repurchase resolved before the JPY 4.5 Trillion Program)
March 13, 2020107,679,300JPY 500 billionFrom March 16, 2020
to June 15, 2020

III. Retirement of treasury stock

(1) Class of shares to be retiredCommon stock of SBG
(2) Number of shares to be retired25,980,400 shares
(1.49% of total number of shares issued prior to the retirement)
(3) Planned retirement dateMay 19, 2021

Reference:

1. Number of shares prior to the retirement (as of May 12, 2021)
Total number of shares issued1,748,934,130 shares
Number of treasury stock36,254,119 shares
(2.07% of total number of shares issued)
2. Number of shares after the retirement (estimated as of May 19, 2021)
Total number of shares issued1,722,953,730 shares
Number of treasury stock10,273,719 shares
(0.60% of total number of shares issued)
  • Calculations are based on the total number of shares issued and outstanding (2,089,814,330 shares) and the number of treasury stock (372,013,119 shares) as of April 30, 2021, taking into account the retirement of treasury stock (340,880,200 shares of SBG’s common stock were retired on May 11, 2021), as announced in “Retirement of Treasury Stock” dated April 28, 2021, as well as the number of shares repurchased from May 1 to May 11, 2021, as announced in “Status of Share Repurchase in Accordance with the Board Resolution as of July 30, 2020” dated today, May 12, 2021, and the number of shares repurchased on May 12, 2021 as disclosed in this document.

  • Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.

  • Twitter
  • LinkedIn
  • LINE