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SoftBank to raise over $11 billion for buybacks using Alibaba shares

SoftBank to raise over $11 billion for buybacks using Alibaba shares

Postby smix » Tue May 19, 2020 1:15 am

SoftBank to raise over $11 billion for buybacks using Alibaba shares
Reuters

URL: https://www.reuters.com/article/us-soft ... SKBN22U0WU
Category: technologyNews
Published: Mon, 18 May 2020 04:20:09 -0400

Description: Softbank Group will raise 1.25 trillion yen ($11.7 billion) using Alibaba stock to fund buybacks of its own shares, Chief Executive Masayoshi Son said on Monday.
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