The latest announcement is out from Nippon Telegraph and Telephone ( (JP:9432) ).
NTT announced the conclusion of its stock repurchase program, which was authorized by the Board of Directors in August 2024. The company repurchased a total of 1,331,715,900 shares for approximately 200 billion yen, with the final phase of repurchases conducted between February 3 and February 25, 2025. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a range of services including fixed and mobile voice-related services, internet protocol (IP) and packet communications services, and system integration services. NTT is a major player in the Japanese market, listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: -5.87%
Average Trading Volume: 75,893
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $83.69B
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