SofBank CFO: Selling Alibaba Share is to Reassure Investors with Financial Strength

market, the physical settlement of prepaid forward contract, a derivative that can be used to lock in a specific price for sale at a future date to avoid volatility, will have no impact on Alibaba shares price at the U.S. exchange. SoftBank expects the settlement will not result directly in any additional sales of Alibaba shares by each financial institution as the counterparty into the market, as Alibaba shares subject to these prepaid forward contracts were hedged in the market at the time of the original monetization transactions by these counterparties.

The early settlement of such massive shares is not SoftBank’s typical move, Goto, at the interview, admitted. In his opinion, the company can send a clear signal to the market by this way. As one of the most highly leveraged companies in Japan, SoftBank wants to provide reassurance to investors and it doesn’t need extra cash to repurchase Alibaba shares in the future, Goto noted.

更是多精彩内容，关注钛新闻媒体微信号（ID：taimeiti），或者下载钛新闻媒体App

。

宁波看白癜风哪家好
吃什么药物缓解女性腰疼
宝宝厌食不爱吃饭怎么办
青岛看白癜风哪里最好
梅州白癜风检查多少钱