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NTT Completes Successful Tender Offer for NTT DATA Shares

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NTT Completes Successful Tender Offer for NTT DATA Shares

Confident Investing Starts Here:

An update from Nippon Telegraph and Telephone ( (JP:9432) ) is now available.

NTT has successfully completed a tender offer to acquire shares of NTT DATA Group Corporation, purchasing a total of 336,797,773 shares, which exceeded the minimum requirement of 125,314,700 shares. This acquisition strengthens NTT’s position in the data services sector, potentially enhancing its market influence and operational capabilities.

The most recent analyst rating on (JP:9432) stock is a Hold with a Yen150.00 price target. To see the full list of analyst forecasts on Nippon Telegraph and Telephone stock, see the JP:9432 Stock Forecast page.

More about Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, offering a range of services including fixed-line and mobile communications, network systems, and data services. The company is a major player in the Japanese market and is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 174,605,444

Technical Sentiment Signal: Buy

Current Market Cap: Yen13083.6B

Find detailed analytics on 9432 stock on TipRanks’ Stock Analysis page.

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