Nippon Telegraph and Telephone (JP:9432) has released an update.
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Nippon Telegraph and Telephone Corporation (NTT) has announced a stock repurchase plan to buy back up to 1.4 billion shares, representing 1.66% of outstanding shares, for an aggregate amount of up to 200 billion yen. The buyback program is set to take place from August 8, 2024, to March 31, 2025, as a strategy to improve capital efficiency and enhance shareholder returns. The repurchases will be conducted on the Tokyo Stock Exchange.
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