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SoftBank Group to buy back up to 14.6% of shares

SoftBank Group to buy back up to 14.6% of shares
The logo of SoftBank Group is seen at the company's headquarters in Tokyo, Jun 30, 2016. (File photo: Reuters/Toru Hanai)

TOKYO: SoftBank Group said on Monday (Nov 8) it would buy back up to one trillion yen (US$8.82 billion) of its own shares, or 14.6 per cent of outstanding stock.

The plan comes after the Japanese conglomerate completed a record 2.5 trillion yen buyback in May.

Source: Reuters/ng

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