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SoftBank swings back to gains at Vision Fund tech arm, announces up to $3.4 billion share buyback

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SoftBank swings back to gains at Vision Fund tech arm, announces up to $3.4 billion share buyback

Workers on the stage as they prepare for a SoftBank Group Corp. news conference in Tokyo, Japan, on Thursday, June 27, 2024. 

Toru Hanai | Bloomberg | Getty Images

SoftBank Group booked a 1.9 billion yen ($12.9 million) investment gain on its Vision Fund tech investment arm in the company’s fiscal first quarter ended in June, swinging back into the black.

Gains in some of SoftBank’s Chinese portfolio companies — including TikTok owner…

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