SoftBank to buy back up to $4.8 billion of its shares after pressure from Elliott

SoftBank Group Corp said on Friday it will buy back up to 7% of its own shares for as much as 500 billion yen ($4.8 billion) - a decision that comes after activist investor Elliott Management pressed for $20 billion in stock buybacks.


from Reuters: Technology News https://ift.tt/2vncrzO

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