(Marketwatch) SoftBank Group Corp. 9984, +1.02% said late Sunday, Eastern time, that longtime board member Jack Ma has resigned, and the company announced up to $4.7 billion in share buybacks. Ma, the co-founder of Alibaba BABA, +1.18%, has long been an ally of SoftBank founder Masayoshi Son on the Japanese conglomerate’s board of directors
SoftBank OKs $4.7 billion in stock buybacks; Jack Ma resigns from board
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