SoftBank unveils $4.8 billion buyback after stock tumble, pressure from Elliott
Reuters
URL: https://www.reuters.com/article/us-soft ... SKBN210029
Category: technologyNews
Published: Fri, 13 Mar 2020 02:27:55 -0400
Description: SoftBank Group Corp is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott but failed to soothe investors panicking from the coronavirus pandemic.