Overview

• SoftBank raised $4.8 billion by selling 21.5 million T-Mobile shares at $224 each through a block trade on June 17.
• The shares were offered in a $224–$228 range but were priced at a 3% discount to T-Mobile’s previous closing price of $230.99.
• After offloading about 25% of its stake, SoftBank remains the second-largest shareholder in T-Mobile behind Deutsche Telekom.
• The sale follows SoftBank’s receipt of roughly $7.6 billion in T-Mobile shares under the 2023 Sprint-T-Mobile merger agreement.
• Prior to the trade, SoftBank held approximately 85.4 million shares valued at about $22.8 billion, underscoring its sustained investment in the U.S. telecom market.