(Share buybacks pursuant to the articles of incorporation in accordance with Article 459, Paragraph 1 of the Companies Act of Japan).
SoftBank Corp. ('The Company') announces the status of its share buyback program, pursuant to the Company's article of incorporation in accordance with Article 459, paragraph 1 of the Companies Act of Japan. The Company also announces that this concludes the Company's share buyback program resolved at the meeting of the Board of Directors held on July 24, 2019.
Type of shares acquired Common stock Number of shares acquired 3,150,800 shares Amount paid for acquisition 4,667,755,700 yen Period of acquisition December 1, 2019 to December 5, 2019 (based on the dates of contracts being executed)
Method of acquisition Market purchases through the Tokyo Stock Exchange
1. Details of the resolution at the meeting of the Board of Directors held on July 24, 2019
1. Type of shares to be acquired Common stock
2. Total number of shares to be acquired Up to 46,000,000 shares
(0.96% of total shares outstanding)
3. Total amount to be paid for acquisition Up to JPY 74.0 billion
4. Period of acquisition August 6, 2019 to March 31, 2020
5. Method of acquisition Market purchases through the Tokyo Stock Exchange
2. Cumulative number of treasury stocks acquired as of December 5, 2019 pursuant to the above resolution of the Board of Directors
Total number of acquired shares 46,000,000 shares
Total amount paid for acquisition 68,708,975,100 yen
(C) 2019 Electronic News Publishing, source ENP Newswire