Elliott rebuilds stake in SoftBank and pushes for $15 billion buyback: ReportSoftBank Group's shares surged to a three-year high after activist investor Elliott Management proposed a $15 billion buyback. CEO Masayosh...
05 Jun, 2024, 02.43 PM IST
Masayoshi Son's SoftBank plans to sell majority of its stake in AlibabaSoftBank Group is looking to shed a majority of its position in Alibaba, after having sold $7bn in the Chinese tech giant this year using p...
13 Apr, 2023, 11.46 PM IST
SoftBank Q3 results may come under pressure from tech weaknessThe Japanese tech giant's planned listing of British chip designer Arm, one of the crown jewels of Masayoshi Son's sprawling conglomerate, ...
03 Feb, 2023, 01.39 PM IST
Paytm board approves Rs 850-crore share buyback at up to Rs 810 per shareThe company had raised Rs 18,300 crore at an issue price of Rs 2,150 per share through its initial public offering (IPO) in November last y...
14 Dec, 2022, 10.35 AM IST
SoftBank seen trimming Alibaba stake to fill shortfall: AnalystThe group will need $40 billion-45 billion of cash this year, Jefferies analyst Atul Goyal estimates, if it maintains the current pace of i...
22 Feb, 2022, 09.35 AM IST
SoftBank shares jump 11% on $9 billion buybackThe buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last y...
09 Nov, 2021, 01.39 PM IST
SoftBank shares jump 10% on $9 billion buybackThe buyback is SoftBank's second-largest after a record 2.5 trillion yen buyback launched during the depths of the Covid-19 pandemic last y...
09 Nov, 2021, 11.42 AM IST
SoftBank CEO Masayoshi Son says share buybacks remain an option for firm"Buybacks are always on my mind as an important option but when and how big requires balanced thinking," Son said at SoftBank's annual shar...
23 Jun, 2021, 11.46 AM IST
Share buybacks remain an option for SoftBank, says CEO Masayoshi Son"Buybacks are always on my mind as an important option but when and how big requires balanced thinking," CEO Masayoshi Son says at SoftBank...
23 Jun, 2021, 09.21 AM IST
After 133% rally, has SoftBank's Son pulled off yet another escape from the abyss?SoftBank has benefited from a rebound in its portfolio of companies, particularly Alibaba. The e-commerce giant hit record after record thi...
13 Jul, 2020, 12.05 PM IST
SoftBank has spent $2.3 billion to buy own shares since MarchThe Tokyo-based company, led by founder Masayoshi Son, has said it expects to book a record 1.35 trillion yen operating loss for the year e...
16 May, 2020, 10.46 AM IST
SoftBank soars after unveiling $41 billion plan to slash debtThe Japanese tech conglomerate’s plans come as it contends with a growing financial squeeze on the company and its $100 billion Vision Fund...
24 Mar, 2020, 12.07 AM IST
SoftBank to sell up to $41 bln in assets to expand share buyback, cut debtThe move comes as SoftBank's share price has been hammered by investor skepticism over the outlook for CEO Masayoshi Son's bets on startups...
23 Mar, 2020, 11.21 AM IST
Son’s empire wobbles as credit rout hits SoftBank debt loadThe company is more vulnerable because of missteps at the Vision Fund, the $100 billion investment vehicle that Son set up to become the ne...
19 Mar, 2020, 09.20 AM IST
SoftBank plans $4.8 billion buyback after Elliott’s callElliott wants SoftBank to set up a special committee to review processes at the Vision Fund, the world’s largest single investment pool for...
13 Mar, 2020, 10.23 AM IST
SoftBank CEO faces tougher questions in US after market plungeThe Vision Fund is recovering from a series of stumbles. WeWork’s plan to go public last year imploded, forcing SoftBank to arrange a rescu...
03 Mar, 2020, 08.57 AM IST
SoftBank's Son seeks to close valuation gap with share buybackMasayoshi Son has been converting SoftBank Group into a technology investment firm.
06 Feb, 2019, 02.40 PM IST