SoftBank Adds $7.3 Billion After Announcing Record Buyback Plan

  • Company plans to purchase as much as 14.2% of its stock
  • Buyback to be funded by asset sales and cash on hand

SoftBank Mulls Record $4.4B Buyback

SoftBank Group Corp. added 840 billion yen ($7.3 billion) to its market value after soaring by the daily limit in Tokyo on plans for a record share buyback.

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