Share buybacks remain an option for SoftBank, says Masayoshi Son

Share buybacks remain an option for SoftBank, says Masayoshi Son

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 CEO Masayoshi Son said on Wednesday share buybacks remain  an option for the conglomerate, amid a slide in its shares.

Buybacks are always on my mind as an important option but when and how big requires balanced thinking,” Son said at SoftBank‘s annual shareholders’ meeting, adding that the group also needs to consider alternative uses of its capital.

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