Results and Completion of Share Repurchase (5965P)
05 October 2011 - 8:31PM
UK Regulatory
TIDM56ID
RNS Number : 5965P
Softbank Corp
05 October 2011
October 5, 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 September 28,
2011.
1. Class of shares repurchased: Common stock
2. Number of shares repurchased: 5,028,800 shares
3. Total cost of shares repurchased: JPY 11,899,833,600
4. Period for share repurchase: From October 3, 2011 to October
5, 2011 (execution base)
(Reference)
Details of the resolution made by the Board of Directors on
September 28, 2011
1. Class of shares to be repurchased: Common stock
2. Number of shares to be repurchased: Up to 8,000,000
shares
3. Total cost of shares to be repurchased: Up to JPY 11.9
billion
4. Method of repurchase: Purchase in the market through a trust
bank
5. Period for share repurchase: From October 3, 2011 to
September 30, 2012
This information is provided by RNS
The company news service from the London Stock Exchange
END
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