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Technology Stocks : Softbank Group Corp

SFTBY 59.78

-6.2%

Nov 18 3:59 PM EST

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To: Yamakita who wrote (5306)	6/23/2000 12:39:00 AM
From: ghengis2	of 6020

The shares went ex-rights for the split two months ago but the newly issued split shares were not released by the trust agent to shareholders' accounts until today. Prior to today's distribution there were 400 million shares authorized but only 110,000,000 issued, and now, after the distribution, there are 330,000,000 issued out of the 400,000,000 authorized. After the increase to 1.2 billion shares authorization approved yesterday at the shareholder's meeting the company may either split up to 3 for one (without diluting the shares in the process) or issue 870 million new shares via a secondary offering or to buy other companies.

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