Retirement of Treasury Stock
SoftBank Group Corp. (“SBG”) announced today that its Board of Directors resolved the retirement of treasury stock as follows, pursuant to Article 178 of the Companies Act of Japan.
As a result, SBG will retire the same number of shares as the entire number of treasury stock acquired based on the resolutions of the Board of Directors on November 8, 2021 and August 8, 2022.
(1)Class of shares to be retired | Common stock of SBG |
---|---|
(2)Number of shares to be retired | 252,958,500 shares (14.68% of total number of shares issued prior to the retirement) |
(3)Planned retirement date | By March 31, 2023 |
Reference:
1. Number of shares prior to the retirement (as of December 31, 2022)
Total number of shares issued | 1,722,953,730 shares |
---|---|
Number of treasury stock | 260,495,345 shares (15.12% of total number of shares issued) |
2. Number of shares after the retirement (estimated)
Total number of shares issued | 1,469,995,230 shares |
---|---|
Number of treasury stock | 7,536,845 shares (0.51% of total number of shares issued)* |
- Calculated based on the number of treasury stock as of December 31, 2022.
-
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 Such information is subject to change and may become out-of-date.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.