SoftBank to raise $41 billion to expand share buyback, cut debt

SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years.


from Reuters: Technology News https://ift.tt/3buR7I7

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