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SoftBank shares jump up to 6.3% on report that Elliott Management's pushing for $15 billion in buybacks - TL;DR CNBC

SoftBank shares jump up to 6.3% on report that Elliott Management's pushing for $15 billion in buybacks

Publishing timestamp: 2024-06-05 04:36:49


Summary

SoftBank Group shares rose 6.3% after Elliott Management rebuilt stake and pushed for $15 billion in share buybacks, believing it would boost share price and show confidence in CEO's strategy.


Sentiment: POSITIVE

Tickers: 9984.T-JP

Keywords: softbank group corpventure capitalbreaking news: technologytechnologybusiness newsasia economy

Source: https://www.cnbc.com/2024/06/05/softbank-rises-as-much-as-6point3percent-after-report-of-elliott-managements-buyback-push.html


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