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Sony-The Result of Tender of Common Shares into Share Repurchase by Olympus Corporation.

ENPNewswire-August 30, 2019--Sony-The Result of Tender of Common Shares into Share Repurchase by Olympus Corporation

(C)2019 ENPublishing - http://www.enpublishing.co.uk

Release date- 29082019 - Sony Corporation ('Sony') today announced that it has tendered all of the common shares of Olympus Corporation ('Olympus') held by Sony (the 'Tender') into the repurchase by Olympus of its common shares (the 'Repurchase') as announced in the press release issued on August 29, 2019, titled 'Tender of Common Shares into Share Repurchase by Olympus Corporation'.

Sony hereby announces the results of the transfer of the common shares held by Sony to Olympus (the 'Transfer'), as follows.

1.Outline of the Results of the Tender

(1) Number of common shares

held by Sony before the

Tender

68,975,800 common shares

(Representing 5.03 % of total common shares

outstanding)

(2) Number of common shares

transferred

68,975,800 common shares

(Transfer value: 80 Billion yen (1,165 yen per common

share))

(3) Number of common shares

held by Sony after the Tender

0 common shares

(Representing 0.00 % of total common shares

outstanding)

2.Outlook

It is anticipated that the Transfer will not have a material impact on Sony's forecast for its consolidated financial results for the fiscal year ending March 31, 2020, as announced in the press release issued on August 29, 2019, titled 'Tender of Common Shares into Share Repurchase by Olympus Corporation.'

[Editorial queries for this story should be sent to newswire@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

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Publication:ENP Newswire
Date:Aug 30, 2019
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