December 3, 2019
Sony Corporation
Notice Regarding the Status of Repurchase of Shares of Common Stock
(Repurchase of Shares Under the Provision of Sony's Articles of Incorporation Pursuant to
Article 459, Paragraph 1 of the Companies Act)
Sony Corporation ("Sony") announced today the status of the repurchase of shares of its own common stock pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and Article 34 of Sony's Articles of Incorporation, which was approved at the meeting of its Board of Directors held on May 16, 2019, as follows.
1. Class of shares repurchased: | Common stock of Sony | |
2. | Total number of shares repurchased: | 1,718,300 shares |
3. | Total purchase price for | 11,692,851,500yen |
repurchased shares: | ||
4. | Period of repurchase: | November 1, 2019 to November 30, 2019 |
5. | Method of repurchase: | Open market purchase through the Tokyo Stock |
Exchange based on a discretionary trading contract |
(For reference)
1. Details of resolution approved at the Board of Directors meeting held on May 16, 2019
(1) | Class of shares to be | Common stock of Sony |
repurchased | ||
Total number of shares | 60 million shares(maximum) | |
(2) | (4.80% of total number of shares issued and | |
to be repurchased | ||
outstanding (excluding treasury stock)) | ||
(3) | Total purchase price for | 200 billion yen(maximum) |
repurchase of shares | ||
(4) | Period of repurchase | May 17, 2019 to March 31, 2020 |
Expected open market purchase through the Tokyo | ||
(5) | Method of repurchase | Stock Exchange based on a discretionary trading |
contract |
2. Total number and purchase price of shares repurchased pursuant to the resolution approved at the above-mentioned Board of Directors meeting (as of November 30, 2019)
(1) | Total number of shares | 25,144,400 shares |
repurchased | ||
(2) | Total purchase price for | 149,416,169,600 yen |
repurchased shares | ||
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Sony Corporation published this content on 03 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2019 06:29:08 UTC