Softbank shares were skyrocketing over 17% in early Thursday trading in Tokyo after CEO Masayoshi Son announced a buyback plan. The CEO said that Softbank Goup would repurchase 112 million shares worth 600 billion yen (approx $5.46 billion) in the next 11 months. This equates to about 10.3 percent of its total outstanding shares, excluding … Continue reading “Softbank Shares Just Exploded After the Company’s CEO Said This”
