SoftBank Group Corp. (TSE:9984) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 shares, representing 6.80% of its issued share capital for a total purchase price of ¥500,000 million.
The purpose of the program is to enhance shareholder returns and to realize fair shareholder value. The purchased treasury stock will be cancelled. The program will expire on August 7, 2025.
As of July 31, 2024, the company had 1,469,995,230 issued shares (excluding treasury stock) and 4,001,279 treasury shares.