SoftBank to repurchase up to $4.4b of own shares in biggest buyback

SoftBank to repurchase up to $4.4b of own shares in biggest buyback

Photo: Reuters

Japanese telecoms conglomerate SoftBank on Monday announced its biggest ever buyback in a bid to boost investor confidence, saying it will purchase up to 500 billion yen ($4.4 billion) worth or as much as 14.2 per cent of its own shares.

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