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Jun 5, 2024, 11:53 AM
Jun 5, 2024, 8:35 AM
CNBC

SoftBank shares jumped up to 6.3% after it was reported that Elliott Management was pushing for billions of dollars in buybacks

SoftBank Group Japanese company
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Elliott builds $2 billion position in SoftBank, pushes for buyback

The $2 billion position marks the second time Elliott has taken a stake in Masayoshi Son’s conglomerate, the juggernaut behind the Vision Fund.

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

SoftBank shares hit a high of 9,572 Japanese yen on Wednesday, 6.32% higher than its Tuesday closing price of 9,003 yen, according to LSEG data.

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