SoftBank Group (TYO:9984) board approved the issuance of stock acquisition rights, or stock options, to corporate officers, employees, and directors and officers of a subsidiary, according to a Wednesday filing on the Tokyo Stock Exchange.
The Japan-based investor said that each stock acquisition right will entitle the holder to acquire 100 common shares, with the total number of shares available upon exercise initially capped at 375,400.
The stock options carry an exercise price of 1 yen per share.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments