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Bulletins

SoftBank is buying back $4.8 billion worth of shares.

After pressure from activist investor Elliott Management, the Japanese tech conglomerate said it will take advantage of the current market crash to buy back up to 7% of its shares.


It's only a partial concession, though: Elliott asked for $20 billion worth of buybacks. SoftBank's shares have lost 36% of their value in the past month.

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