Japan's SoftBank to retire treasury shares after group's largest-ever buyback

Japan's SoftBank to retire treasury shares after group's largest-ever buyback

FILE PHOTO: Japan's SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, Nov. 5, 2018. REUTERS/Kim Kyung-Hoon/File Photo

SoftBank Group Corp said on Wednesday it would retire treasury shares worth 16.3% of its outstanding stock after the group’s largestever buyback swelled its holdings.

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