SoftBank Group<\/a> Corp said it would buy back as much as 600 billion yen ($5.5 billion) of its shares<\/a>, following the blockbuster initial public offering of its telecommunications business.
The total represents a massive 10 per cent of issued shares with the goal of improving finances and shareholder returns, the company said in a statement Wednesday. SoftBank<\/a> raised 2.4 trillion yen from the listing of the domestic telecom<\/a> operations in December. Shares rose in late trading.
Masayoshi Son has been remaking SoftBank Group from primarily a telecoms operator into a technology investment firm. With the listing of domestic telco operations in December and the pending sale of Sprint Corporation in the US, the billionaire can focus on the $100 billion Vision Fund.
The portfolio already includes the world’s biggest ride-hailing companies including Uber Technologies Inc, co-working giant WeWork Cos and leading chipmaker Arm Holdings Plc. Thanks to valuation gains, profit in the Vision Fund and SoftBank’s own Delta Fund more than tripled to 176 billion yen.
The Vision Fund sold all of its shares in US graphics chip maker Nvidia Corp in January, worth 398 billion yen. News of the share sale first emerged in December, when people with knowledge of the matter said it was likely. For the three quarters preceding the sale, SoftBank booked a net loss of 50 billion yen on the stake.
SoftBank Group shares jumped as much as 7 per cent in after-hours trading on SBI Japannext Co’s platform. Volume was low, with just 12,000 shares trading hands, worth less than $1 million.
The repurchase period will start Thursday and last through the end of January next year. SoftBank Group’s operating income rose 60 per cent to 438 billion yen in the last three months of 2018. Revenue rose about 5 per cent. The company did not give full-year earnings forecasts.
Telecom unit SoftBank Corp yesterday reported a 24 per cent increase in profit during the quarter, despite a mobile service outage that hit millions of customers before its initial public offering in December. The company kept its outlook for net income to climb 4.8 per cent to 420 billion yen in the fiscal year ending in March.
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由帕维尔Alpeyev
软银集团表示,将回购6000亿日圆(55亿美元)股票轰动一时的首次公开发行(ipo)后,其电信业务。
总代表一个大规模发行10%的股份,目的是改善财务状况和股东回报,该公司周三在一份声明中说。软银从国内的上市筹集了2.4万亿日圆电信在12月操作。在尾盘交易中股价上涨。
孙正义已经从主要是重塑软银电信运营商为技术投资公司。清单12月国内电信运营和Sprint公司的出售在美国,亿万富翁可以专注于视觉基金的1000亿美元。
投资组合已包括世界上最大的ride-hailing公司包括超级技术公司、联合办公巨头WeWork Cos和Arm Holdings Plc主要芯片制造商。由于估值收益,利润在异象中基金和软银的三角洲基金增长了两倍多至1760亿日圆。
视觉基金所有的股份卖给我们的图形芯片制造商Nvidia Corp .)今年1月,价值3980亿日圆。乐动扑克售股的消息第一次出现在去年12月,当人们熟悉内幕的知情人透露说,这是可能的。前三个季度的销售,软银预定净亏损500亿日圆的股份。
软银集团股价在盘后交易中上涨7%,印度国家银行Japannext公司的平台。成交量低,价值只有12000股易手,低于100万美元。
回购期周四开始,一直持续到明年1月底。软银集团的营业收入增长60%,至4380亿日圆在2018年最后三个月。收入上升了5%。该公司没有给出全年收益预期。
电信单位软银集团昨日公布第二季度利润增长24%,尽管移动服务中断,数以百万计的客户去年12月首次公开发行(ipo)前。公司前景使其净利润上升4.8%至4200亿日圆在截至3月份的财年。
软银集团表示,将回购6000亿日圆(55亿美元)股票轰动一时的首次公开发行(ipo)后,其电信业务。
总代表一个大规模发行10%的股份,目的是改善财务状况和股东回报,该公司周三在一份声明中说。软银从国内的上市筹集了2.4万亿日圆电信在12月操作。在尾盘交易中股价上涨。
孙正义已经从主要是重塑软银电信运营商为技术投资公司。清单12月国内电信运营和Sprint公司的出售在美国,亿万富翁可以专注于视觉基金的1000亿美元。
投资组合已包括世界上最大的ride-hailing公司包括超级技术公司、联合办公巨头WeWork Cos和Arm Holdings Plc主要芯片制造商。由于估值收益,利润在异象中基金和软银的三角洲基金增长了两倍多至1760亿日圆。
视觉基金所有的股份卖给我们的图形芯片制造商Nvidia Corp .)今年1月,价值3980亿日圆。乐动扑克售股的消息第一次出现在去年12月,当人们熟悉内幕的知情人透露说,这是可能的。前三个季度的销售,软银预定净亏损500亿日圆的股份。
软银集团股价在盘后交易中上涨7%,印度国家银行Japannext公司的平台。成交量低,价值只有12000股易手,低于100万美元。
回购期周四开始,一直持续到明年1月底。软银集团的营业收入增长60%,至4380亿日圆在2018年最后三个月。收入上升了5%。该公司没有给出全年收益预期。
电信单位软银集团昨日公布第二季度利润增长24%,尽管移动服务中断,数以百万计的客户去年12月首次公开发行(ipo)前。公司前景使其净利润上升4.8%至4200亿日圆在截至3月份的财年。
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