SoftBank Group shares rise after CEO signals more aggressive stance

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SoftBank Group’s shares

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.

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