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- About Shareholder Returns
About Shareholder Returns
Share Repurchases
In September 2012, NTT's board of directors resolved that NTT may acquire up to a maximum of 42 million shares of its outstanding common stock, for up to ¥150.0 billion, by the end of March 2013.
Based on this resolution, NTT had acquired 13.04 million shares of its common stock for a total purchase price of ¥50.0 billion as of the end of October 2012.
What are share repurchases?
Share repurchases refer to the process by which a company repurchases its own shares from the market.
The effects of share buybacks include increasing net earnings per share (EPS) and adjusting the balance of the stock's supply and demand due to the decrease in the number of a company's outstanding shares available in the market.
Dividends
As announced in May 2012, NTT plans to increase its dividends per share for the fiscal year ending March 31, 2013 by ¥20 to ¥160 a share, and interim dividends have been set at ¥80 per share. Going forward, NTT will continue its efforts to increase shareholder returns.
