Stock buybacks can be a poor use of cash, but Nintendo shows how they can be played to winning effect: jgfarb
Uber’s Indian takeout will feed future rivals Context News Nintendo said on Feb. 22 it would buy back up to 1 million shares, or about 0.83 percent of the total outstanding, worth about 33 billion yen .
The video game company also said it would cancel 10 million of its treasury shares on March 29. Separately, NTT Docomo said on Feb. 22 that it would cancel 447 million treasury shares, or about 11.8 percent of the number in issuance.
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