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flag Activist investor Elliott Management rebuilds $2B stake in SoftBank, urges $15B share buyback.

flag Elliott Management has rebuilt a stake worth over $2 billion in SoftBank Group and is urging the Japanese tech conglomerate to launch a $15 billion share buyback, according to a report by the Financial Times. flag The US activist investor believes the buyback would boost SoftBank's share price and indicate CEO Masayoshi Son's confidence in his strategy. flag SoftBank's shares rose as much as 6.3% following the report.

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