March 23, 2020 / 5:05 AM / 5 days ago

SoftBank to sell up to $41 bln assets to fund another share buyback, reduce debt

TOKYO, March 23 (Reuters) - SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund a share buyback of up to 2 trillion yen and reduce debt.

The share buyback is in addition to a buyback of up to 500 billion yen announced earlier this month. ($1 = 110.0600 yen) (Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)

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