<article><div class="font-roboto regular line-height-1-5 story-copy color-black-2 f4 mb20" dir="auto" data-qa-component="item-story" data-rc-highlight="story">
<p><span class="highlight" data-qa-component="highlight-text">SoftBank </span>Group Corp<span class="highlight" data-qa-component="highlight-text"> shares </span><span class="highlight" data-qa-component="highlight-text">jump</span>ed<span class="highlight" data-qa-component="highlight-text"> 10% </span>on Tuesday, the first trading session after the Japanese conglomerate said it would spend up to 1 trillion yen ($8.8<span class="highlight" data-qa-component="highlight-text"> billion</span>) buying back almost 15% of its<span class="highlight" data-qa-component="highlight-text"> shares</span>.</p></article>

The move puts SoftBank's shares on track for the biggest daily jump in 11 months.

Japan's SoftBank shares jump 10% on $9b buyback

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

You may also like

Blizzard-hit SoftBank launches buyback after $10b Vision Fund loss

Japan's SoftBank dragged into red by falling Vision Fund valuations

Read more from Rest of Asia

At $13b, Japan’s PE exit value returned to record level in 2024: Bain

HK shareholder Oasis to push Toyota Motor to make higher bid for Toyota Industries