Masayoshi Son goes on a Softbank buyback spree

Masayoshi Son, founder of SoftBank, plans to have his company buy back billions of pounds' worth of its own shares over the next year.

Masayoshi Son of Softbank © Getty

Masayoshi Son, founder, SoftBank

Coronavirus “has become a global pandemic, stockmarkets are crashing, credit is getting crunched and [SoftBank’s] share price is down 30%,” says Tim Culpan on Bloomberg. “So of course … Masayoshi Son would announce a share buyback.”

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