SBI : Notice on Results of Repurchase of the Company's Own Shares through ToSTNeT-3(Repurchase of Company's Own Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Companies Act) entry(2017 ,8 , 30)
August 30, 2017 at 04:08 am EDT
Share
August 30, 2017 SBI Holdings, Inc. (TOKYO: 8473)
Notice on Results of Repurchase of the Company's Own Shares through ToSTNeT-3
(Repurchase of Company's Own Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Companies Act)
SBI Holdings, Inc., ("the Company") hereby announces that the repurchase of its own shares, as announced on August 29, 2017, was completed today as follows.
Reason for the share repurchase
The Company has decided to conduct the share repurchase with a view to mitigate the potential short-term effect on the market supply and demand for the Company's stocks associated with the issuance of the convertible bonds, resolved by the Board of Directors on August 29, 2017, and to enable a smooth fundraising transaction.
Details of repurchase
(1) Type of shares repurchased
Common stock
(2) Total number of shares repurchased
3,398,500 shares
(3) Repurchase price
JPY 1,505 per share
(4) Total repurchase price of shares
JPY 5,114,742,500
(5) Repurchase date
August 30, 2017
(6) Method of repurchase
Purchase through an off-auction own share repurchase trading
system (ToSTNeT-3) of the Tokyo Stock Exchange
(Note) Since the total number of shares repurchased and the total repurchase price of shares for this repurchase did not reach the upper limit, which was resolved at the Board of Directors' meeting held on August 29, 2017, the Company will continue to further repurchase its own shares through market purchase on the Tokyo Stock Exchange during the period from August 31, 2017 to November 30, 2017, within the scope of repurchase of its own shares, resolved at the undermentioned Board of Directors meeting, upon considering the market environment or various regulations.
(1)
Type of shares to be repurchased
Common stock
(2)
Total number of shares to be repurchased
Up to 15 million shares
(7.36% of total issued shares outstanding, excluding treasury stock)
(3)
Total cost of shares to be repurchased
Up to JPY 20 billion
(4)
Period for share repurchase
From August 30, 2017 to November 30, 2017
(5)
Method of share repurchase
Market purchase on the Tokyo Stock Exchange
(6)
Status as of August 30, 2017
Total number of shares repurchased: 3,398,500 shares
Total repurchase price of the shares: JPY 5,114,742,500
(Reference) Resolution of the Board of Directors as of August 29, 2017 concerning the repurchase of the Company's own shares
************************************************************************************** For further information, please contact:
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
SBI Holdings Inc. published this content on 30 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 August 2017 08:07:05 UTC.
Original documenthttp://www.sbigroup.co.jp/english/news/pdf/2017/0830_a_en.pdf
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SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
SBI : Notice on Results of Repurchase of the Company's Own Shares through ToSTNeT-3(Repurchase of Company's Own Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Companies Act) entry(2017 ,8 , 30)
SBI HOLDINGS, INC. 
