By Ronnie Harui
SoftBank Group’s shares rose Wednesday after Chief Executive Masayoshi Son said he will shift to a “counteroffensive” stance soon.
Shares were recently 2.6% higher at 6,864 yen ($48.53) after rising as much as 4.src% 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.
Write to Ronnie Harui at ronnie.harui@wsj.com
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