NTT Announces Progress in Stock Repurchase Program

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NTT Announces Progress in Stock Repurchase Program

Nippon Telegraph and Telephone ( (JP:9432) ) just unveiled an update.

NTT announced the progress of its stock repurchase program, revealing that it repurchased 152,803,000 shares of common stock amounting to 23,410,388,664 yen between January 6 and January 31, 2025. This move is part of a larger initiative approved by the Board of Directors to repurchase up to 1.4 billion shares with an aggregate amount of up to 200 billion yen, aiming to enhance shareholder value.

More about Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation (NTT) is a prominent company in the telecommunications industry, primarily offering telecommunication services. It operates on the Prime Market of the Tokyo Stock Exchange, focusing on providing comprehensive telecommunication solutions.

YTD Price Performance: -1.54%

Average Trading Volume: 95,469

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $83.6B

For a thorough assessment of 9432 stock, go to TipRanks’ Stock Analysis page.

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