TOKYO (Reuters) - SoftBank Group Corp <9984.T> shares were untraded with a glut of buy orders on Tuesday after the company announced up to $41 billion (£35.52 billion) in asset sales and a record share buyback to shore up its collapsing share price.
SoftBank shares closed up 19% on Monday, hitting their daily limit, after the tech conglomerate said it would buy back up to 2 trillion yen worth of shares in addition to a 500 billion yen purchase announced earlier this month.
(Reporting by Sam Nussey)
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Updated Date: Mar 24, 2020 06:05:25 IST