Results and Completion of Share Repurchase (8027N)
07 September 2011 - 1:06PM
UK Regulatory
TIDM56ID
RNS Number : 8027N
Softbank Corp
07 September 2011
September 7, 2011
Results and Completion of Share Repurchase
(Share repurchase pursuant to the Articles of Incorporation and
the provisions of Article 165, Paragraph 2 of the Corporate
Law)
SOFTBANK CORP. (hereafter "the Company") announces that it
purchased its own shares under Article 156 of the Corporate Law, as
applied pursuant to Article 165, Paragraph 3 of the Corporate
Law.
This concludes the Company's share repurchase in accordance with
a resolution made by the Board of Directors on August 9, 2011.
1. Class of shares repurchased: Common stock
2. Number of shares repurchased: 4,000,000 shares
3. Total cost of shares repurchased: JPY 10,793,287,000
4. Method of repurchase: Purchase in the market through a trust
bank
5. Period for share repurchase: From September 2, 2011 to
September 7, 2011 (execution base)
(Reference)
Details of the resolution made by the Board of Directors on
August 9, 2011
1. Class of shares to be repurchased: Common stock
2. Number of shares to be repurchased: Up to 4,000,000
shares
(representing 0.36% of shares issued (excluding treasury
stock))
3. Total cost of shares to be repurchased: Up to JPY 20.0
billion
4. Period for share repurchase: From August 10, 2011 to July 31,
2012
This information is provided by RNS
The company news service from the London Stock Exchange
END
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