SBI : Result and Completion of Share Repurchase (Repurchase of Company Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Corporate Law)
September 23, 2016 at 05:43 am EDT
Share
September 6, 2016 SBI Holdings, Inc. (TOKYO: 8473)
Result and Completion of Share Repurchase
(Repurchase of Company Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Corporate Law)
SBI Holdings, Inc. (hereinafter "the Company") hereby announces that it repurchased the Company's share from the market as shown below, pursuant to Article 156 of the Corporate Law, as applied pursuant to Article 165, Paragraph 3 of the Corporate Law.
It also announces the completion of share repurchase executed in compliance with the Board's resolution dated July 28, 2016.
1.
Class of shares repurchased
Common stock
2.
Number of shares repurchased
6,855,600 shares
3.
Total cost of shares repurchased
JPY 7,999,970,600
4.
Period for share repurchase
From August 3, 2016 to September 5, 2016 (based on
commitment)
5.
Method of repurchase
Purchase on the stock exchange through a trust bank
(Reference) Details of the resolution made by the Board of Directors on July 28, 2016
1.
Class of shares to be repurchased
Common stock
2.
Number of shares to be repurchased
Up to 7 million shares
(3.37% of total issued shares outstanding, excluding treasury stock)
3.
Total cost of shares to be repurchased
Up to JPY 8.0 billion
4.
Period for share repurchase
From August 3, 2016 to September 23, 2016
************************************************************************************** For further information, please contact:
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
1
SBI Holdings Inc. published this content on 06 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 September 2016 09:43:02 UTC.
Original documenthttp://www.sbigroup.co.jp/english/news/pdf/2016/0906_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 : Result and Completion of Share Repurchase (Repurchase of Company Shares Pursuant to the Articles of Incorporation and the Provisions of Article 165, Paragraph 2 of the Corporate Law)
SBI HOLDINGS, INC. 
