SoftBank's shares jump 7% on buyout debate report

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SoftBank’s shares are seen as chronically undervalued by company executives, with debate around the benefits of a buyout intensifying as they plunged to lows in March.

Record share buybacks and a string of asset sales have driven a 180% share price gain since then, giving the group a market capitalization of around $140 billion and raising the hurdle for a buyout.

SoftBank was not immediately reachable for comment.