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Nippon Telegraph & Telephone Buyback

OLI recorded this information on 9/19/2012

Company: Nippon Telegraph & Telephone
Buyback: NTT buyback
Share Amount Authorized: 42,000,000.00
Buyback Details: (1) Class of shares to be repurchased: Common stock (2) Total number of shares to be repurchased: Up to 42 million shares (Ratio to the number of outstanding shares: 3.43%) (3) Aggregate repurchase amount: Up to 150 billion yen (4) Period for repurchases:September 20, 2012 ~ March 29, 2013

Nippon Telegraph and Telephone and its subsidiaries conduct the following main business activities: regional communications (domestic intra-prefectural communication services and incidental services), principally operated by Nippon Telegraph and Telephone East Corporation and Nippon Telegraph and Telephone West Corporation; long-distance and international communications (domestic inter-prefectural communication services, international communication services and incidental services), principally operated by NTT Communications Corporation; mobile communications, principally operated by NTT DOCOMO, Inc.; and data communications, principally operated by NTT DATA CORPORATION.
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Company Name: 
Nippon Telegraph & Telephone Corp (Japan)
Stock buyback: 
NTT buyback
Communications Services

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Strong Buy (4.00 out of 4)
27th percentile
(ranked lower than approx. 73% of all stocks covered)
Based on Zacks ABR data;
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