Capital Research reduces voting rights in Softbank Corp

10 Dec 2013

US-based investment fund Capital Research and Management Company has reduced its stake in Japanese telecoms giant Softbank Corp to 1.112 million shares, corresponding to 9.34% of the company’s voting rights.

According to TeleGeography’s GlobalComms Database, Softbank Corp is listed on the Tokyo Stock Exchange (TSE). As at 31 March 2013 (latest official data) the top ten shareholders controlled 51.82% of the parent company. Its founder, president and CEO, Masayoshi Son, was the largest shareholder with a 20.16% interest.

Japan, SoftBank Group Corp