Elliott rebuilds stake in SoftBank and pushes for $15 bln buyback, FT reports-March 2024-www.financetom.com

Elliott rebuilds stake in SoftBank and pushes for $15 bln buyback, FT reports

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Elliott rebuilds stake in SoftBank and pushes for $15 bln buyback, FT reports

Jun 4, 2024 11:06 PM

June 5 (Reuters) - Elliott Management has rebuilt a

stake worth over $2 billion in SoftBank Group ( SFTBF ) and is

pushing the Japanese tech conglomerate to launch a $15 billion

share buyback, the Financial Times reported on Wednesday.

(Reporting by Kanjyik Ghosh; Editing by Varun H K)

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