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SoftBank shares slide after US$23 billion buyback scheme not extended Toggle share menu Advertisement SoftBank shares slide after US$23 billion buyback scheme not extended SoftBank Group Corp shares slid 6per cent in early trading on Thursday after the conglomerate declined to extend its buyback programme, removing support for the stock as concern over frothy portfolio valuations outweighed record earnings. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kat...

SoftBank completed a 2.5 trillion yen ($22.8 billion) buyback on Wednesday, though CEO Son said further repurchases remain an option.

BusinessJapan’s Toshiba considers $20 bln take-private deal - source ReutersMakiko Yamazaki 1/3 A reporter raises his hand for a question during a Toshiba news conference at the company headquarters in Tokyo, Japan June 23, 2017. REUTERS/Issei Kato Read More Toshiba Corp (6502.T) is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. The proposed deal, which comes three weeks after shareholders appr...

Toshiba is considering a US$20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, a...

Message : Required fields TOKYO (Reuters) - Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. The proposed deal, which comes three weeks after shareholders approved an independent probe into the scandal-hit company, could shield managers, particularly Chief Executive Nobuaki Kurumatani, from that scrutiny. It would, however, invite regulatory review given its government work. "Toshi...