Wednesday, August 12, 2015

SoftBank Group Buys More Shares of Sprint on Open Market

Saying it believes the share price of Sprint is under valued, SoftBank Group announced a program of open market purchases of Sprint's publicly traded shares.

Speaking on Sprint's quarterly financial conference call last week, Masayoshi Son, Chairman & CEO of SBG and Chairman of Sprint, said he is enthusiastic about Sprint's prospects.

http://www.softbank.jp/en/corp/