Latest news with #NipponTelegraphAndTelephone
Reuters
7 days ago
- Business
- Reuters
Japan's NTT takes 8.91% stake in SBI Holdings under capital alliance deal
TOKYO, May 29 (Reuters) - Japan's Nippon Telegraph and Telephone (9432.T), opens new tab will invest about 110 billion yen ($755.49 million) in SBI Holdings (8473.T), opens new tab to acquire an 8.91% stake, as the two companies aim to integrate their digital technology and financial services. Under the deal, SBI said it will issue 27 million new shares to Japan's largest telecommunications firm through a third-party share allotment. ($1 = 145.6000 yen)
Bloomberg
09-05-2025
- Business
- Bloomberg
NTT Announces 200 Billion Yen Buyback in Capital Strategy Shift
Nippon Telegraph and Telephone Corp. said it plans to buy back as much as ¥200 billion ($1.4 billion) of its own shares, joining a growing string of such measures bolstering the Japanese market. The buyback will take place from May 12 through March 31, 2026, the company said in a statement.
