KDDI: More of the Same Please. Rising Return Story Intact
We met KDDI (and other operators) in Japan recently. The message remains generally positive as KDDI says that guidance for mobile service revenue...
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NTT: A One-Shot Multi-Billion Dollar Buyback on ToSTNeT-3 (June 14)
Today after the close of business, NTTannounced it would attempt to execute its 68 million share buyback at JPY 4,529/share (today's close)...
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JAPAN: How a ToSTNeT-3 Buyback Works
Buybacks (or "own share purchases") by listed companies Japan are likely to be at a record this year. In only the first 5 months of calendar 2016,...
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NTT's Wholesaling of Its Fibre Network and General Cost Cutting Are Improving Returns.
NTT’s 2015 in Line With Guidance Distorted by Accounting Changes; Fair Value Estimate Unchanged. Nippon Telegraph and Telephone Corp's, or NTT’s,...
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Japan Buybacks: NTT Announces A Big One, and the Devil's in the Details.
As part of the pre-earnings trade suggested on NTT last week was the idea that NTT would use the funds raised through a 300bn yen selldown of...
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