SoftBank Group’s shares 9984, +2.57% rose Wednesday after Chief Executive Masayoshi Son said he will shift his stance to “counter-offensive” soon.
Shares were recently 2.6% higher at 6,864 yen ($ 48.53) after rising as much as 4.1% earlier to Y6,964, the highest intraday level since November.
Son also said that he wants to conduct share buybacks if there is a chance. He was speaking at the technology investor group’s annual general meeting of shareholders held this morning.