TOKYO, May 08 (Pulse News Wire) – Ntt,inc. (9432.T) announced today that its board of directors, convened on May 08, 2026, resolved to repurchase up to ¥14 billion ordinary shares based on provisions stipulated in Article 165, Paragraph 3 of the Companies Act, which applies retroactively according to Article 156 of the same act.
The primary reasons for this decision are to enhance capital efficiency and strengthen shareholder returns. The total amount allocated for the share repurchase is capped at May 11, 2026 and the method of acquisition will involve open-market purchases through the Tokyo Stock Exchange.
The repurchase program will run until March 31, 2027. As of March 31, 2026, NTT had outstanding shares totaling [NUM_3] excluding treasury shares, with [NUM_4] being held as treasury stock.
This move underscores NTT's commitment to optimizing its capital structure while enhancing value for shareholders.
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