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SoftBank’s Latest Big Purchase Could Be One of Its Best

Buying its own shares could be SoftBank’s best bet.

The Japanese company has been on a roller coaster in the past few years as its investments—including from its Saudi-backed $100 billion Vision Fund—took a dive when the pandemic-fueled technology boom turned into a bust. SoftBank reported three straight years of losses up to the fiscal year ended March.

Source: REUTER

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