TMT/Internet

Brief TMT & Internet: NTT Docomo Share Cancellation and more

In this briefing:

  1. NTT Docomo Share Cancellation

1. NTT Docomo Share Cancellation

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On Friday 22 February after the close, NTT Docomo Inc (9437 JP)announced (E) that it would cancel 447,067,906 shares (11.82% of issued shares before the cancellation) of Treasury shares on the 28th of February.

The buyback has already occurred. This is largely technical. But it has an interesting side effect.

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