SoftBank Group to Buy Back Up to 14.6 Percent of Shares

By Reuters
Reuters
Reuters
November 8, 2021 Updated: November 8, 2021

TOKYO—SoftBank Group Corp. said on Monday it would buy back up to one trillion yen ($8.82 billion) of its own shares, or 14.6 percent of outstanding stock.

The plan comes after the Japanese conglomerate completed a record 2.5 trillion yen buyback in May.

($1 = 113.3500 yen)

Reuters