(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)
SB Technology Corp.
The Company has resolved at the Board of Directors meeting held on May 13, 2022, regarding the status of acquisition of own shares based on the provisions of Article 156 of the Companies Act, as applied by replacing the provisions of Article 165, Paragraph 3 of the same Act. We will inform you as follows.
Record
| 1. Type of stock acquired | Our common stock |
|---|---|
| 2. Number of acquired shares | 142,400 shares |
| 3. Total amount acquired | 320,981,000 yen |
| 4. Acquisition period | From June 1, 2022 to June 30, 2022 (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 May 13, 2022
| (1) Type of stock to be acquired | Our common stock |
|---|---|
| (2) Total number of shares that can be acquired | 500,000 shares (maximum) (2.5% of the total number of issued shares (excluding treasury shares)) |
| (3) Total acquisition price of shares | 1.2 billion yen (upper limit) |
| (4) Acquisition period | From May 16, 2022 to September 30, 2022 |
2. Cumulative total of treasury stock acquired based on the above Board of Directors resolution (as of June 30, 2022)
| (1) Total number of acquired shares | 219,500 shares |
|---|---|
| (2) Total acquisition price of shares | 492,015,600 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
○ SB Technology Corp. Management Headquarters Corporate Planning Headquarters Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp
