Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.0559360730593608 0.0523687214611872 0.0916095890410959
Stock impact report

SoftBank plans $41 billion of asset sales to expand buyback and cut debt [Reuters]

T-Mobile US, Inc. (TMUS) 
Last t-mobile us, inc. earnings: 2/6 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.t-mobile.com
Company Research Source: Reuters
SoftBank plans $41 billion of asset sales to expand buyback and cut debt - Reuters 4 Min Read TOKYO (Reuters) - SoftBank Group Corp ( 9984.T ) plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies. The Japanese tech conglomerate’s plans come as it contends with a growing financial squeeze on the company and its $100 billion Vision Fund, which has recorded two consecutive quarters of losses after its tech bets fell short, compounded by the coronavirus pandemic’s impact on the global economy. Its shares jumped 19% for their biggest daily gain in nearly 12 years after the pledge to sell or monetize up to 4.5 trillion yen ($41 billion) of assets to buy back 2 trillion yen of its shares in addition to a buyback of up to 500 billion yen announced earlier this month. The buyback tops the $20 billion of purchases sought by activist investor Ell Show less Read more
Impact Snapshot
Event Time:
TMUS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
TMUS alerts

from News Quantified
Opt-in for
TMUS alerts

from News Quantified