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SoftBank's LY Corporation completes share buyback tender offer

June 5, 2025 at 12:00 PM UTC•By FilingReader AI

SoftBank Group Corp. (SBG) announced today that its subsidiary, LY Corporation (TSE: 4689), has completed its tender offer to acquire its own shares, concluding on June 4, 2025. The tender offer, initiated on May 8, 2025, followed a resolution passed at LY Corporation's Board of Directors meeting on May 7, 2025. A Holdings Corporation (AHD), another SBG subsidiary and owner of 62.45% of LY Corporation's shares, participated in the tender offer by tendering a portion of its LY shares. LY Corporation successfully purchased 218,064,491 of its own common shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Results and Completion of Tender Offer by a Subsidiary (LY Corporation, Securities Code: 4689) for Acquisition of Its Own SharesJune 5, 2025 at 06:30 AM UTC

Supplementary Source Documents

(Progress of Disclosure Items) Notice Concerning the Results of the Tender Offer for Shares by Our Subsidiary (LINE Yahoo Japan Corporation, Securities Code: 4689) and Completion of AcquisitionJune 5, 2025 at 06:30 AM UTC

Softbank Group Corp

TSE:9984•Tokyo Stock Exchange

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