Japanese operator NTT DoCoMo to buy back 38% shares

Source: Internet
Author: User
Keywords operator Japan November NetEase technology

NetEase Technology News November 9, according to foreign http://www.aliyun.com/zixun/aggregation/31646.html "> media reports, Japan's largest mobile phone operator NTT DoCoMo inc.11 9th announced that the November 10-November 30 in the 20-day period will spend 20 billion yen (about 222 million U.S. dollars) repurchase company 38% of the circulation of shares.

DoCoMo's shares fell to its lowest level in 98 years as a result of the overall decline in sales in the handset industry. Kazuto Tsubouchi, chief financial officer of DoCoMo company, announced that the low market price was the main reason why the DoCoMo company decided to buy back the tradable shares.

(This source: NetEase Technology Report)

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