(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.
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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 amended and applied pursuant to the provisions of Article 165, Paragraph 3 of the same Act. With this, the repurchase of treasury stock pursuant to the board of directors meeting held on May 13, 2022 has been completed.
Record
1. Type of stock acquired | Our common stock |
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2. Number of acquired shares | 130,000 shares |
3. Total amount acquired | 315,651,900 yen |
4. Acquisition period | From September 1, 2022 to September 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 |
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(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 resolution (as of September 30, 2022)
(1) Total number of acquired shares | 469,000 shares |
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(2) Total acquisition price of shares | 1,093,932,100 yen |
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