(Acquisition of treasury stock based on the provisions of the articles of incorporation pursuant to the provisions of Article 165, Paragraph 2 of the Companies Act)
SoftBank Technology Corp.
The Company hereby announces that it has carried out the acquisition of treasury stock as described below pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the terms in Article 165, Paragraph 3 of the same Act. With this, the acquisition of treasury stock pursuant to the Board of Directors meeting held on April 25, 2018 has been completed.
Record
1. Type of stock acquired | Our common stock |
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2. Number of acquired shares | 142,600 shares |
3. Total amount acquired | 241,642,100 yen |
4. Acquisition period | From June 1, 2018 to June 20, 2018 (contract basis) |
5. Acquisition method | Market purchases on Tokyo Stock Exchange |
(For your reference)
1. Details of resolutions at the board of directors meeting held on April 25, 2018
(1) Type of stock to be acquired | Our common stock |
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(2) Total number of shares that can be acquired | 200,000 shares (maximum) (1.0% of the total number of issued shares (excluding treasury shares)) |
(3) Total acquisition price of shares | 400 million yen (upper limit) |
(4) Acquisition period | From May 1, 2018 to March 31, 2019 |
2. Cumulative total of treasury stock acquired based on the above Board of Directors resolution (as of June 21, 2018)
(1) Total number of acquired shares | 200,000 shares |
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(2) Total acquisition price of shares | 337,315,200 yen |
■The PDF of this release can be downloaded from the link below.
Click here for the PDF
Contact information for inquiries from media regarding this matter
○ SoftBank Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp