Press Releases 2020
Notice Concerning Status of Share Buyback Program
(Share buybacks pursuant to the articles of incorporation in accordance with Article 459,
Paragraph 1 of the Companies Act of Japan)
December 2, 2020
SoftBank Corp.
SoftBank Corp. (“The Company”) announces the status of its share buyback program, resolved at the meeting of the Board of Directors held on August 28, 2020, pursuant to the Company's article of incorporation in accordance with Article 459, paragraph 1 of the Companies Act of Japan.
Type of shares acquired | Common stock |
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Number of shares acquired | 4,939,700 shares |
Amount paid for acquisition | 6,189,192,250 yen |
Period of acquisition | November 1, 2020 to November 30, 2020 (based on the dates of contracts being executed) |
Method of acquisition | Market purchase on the Tokyo Stock Exchange, Inc. through a discretionary investment account trade to a securities company |
(Reference)
1. Details of the resolution at the meeting of the Board of Directors held on August 28, 2020.
1. Type of shares to be acquired | Common stock |
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2. Total number of shares to be acquired | Up to 80,000,000 shares (1.68% of total shares outstanding (excluding treasury stock)) |
3. Total amount to be paid for acquisition | Up to JPY 100 billion |
4. Period of acquisition | October 1, 2020 to March 31, 2021 |
5. Method of acquisition | Market purchase on the Tokyo Stock Exchange, Inc. through a discretionary investment account trade to a securities company |
2. Cumulative number of treasury stocks acquired as of November 30, 2020 pursuant to the above resolution of the Board of Directors
Total number of acquired shares | 48,098,500 shares |
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Total amount paid for acquisition | 58,357,423,450 yen |