SoftBank to undertake $8.82 billion share buyback

On Monday, in a statement SoftBank Group Corp said, it would buyback up to $8.82 billion (one trillion yen) of its own stock, equivalent to 14.6% of outstanding stock.

The announcement comes after SoftBank completed a record 2.5 trillion yen buyback in May.

($1 = 113.3500 yen)

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