SoftBank’s shares jump as it gains $7.6 billion stock payout from T-Mobile

11 months ago 40

Shares of the prominent technology investor SoftBank Group Corp. gained more than 5% today after it revealed it would receive $7.59 billion worth of shares in the telecommunications provider T-Mobile U.S. Inc. at no additional cost. SoftBank said in...

Shares of the prominent technology investor SoftBank Group Corp. gained more than 5% today after it revealed it would receive $7.59 billion worth of shares in the telecommunications provider T-Mobile U.S. Inc. at no additional cost. SoftBank said in a statement it had told T-Mobile U.S. to issue 48.75 million shares in common stock, after […]

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