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Stocks

Docomo plans $2.2bn stock buyback, mostly from parent NTT

Japanese carrier targets better shareholder returns, may retire shares

Japanese mobile carrier NTT Docomo plans to roll out commercial 5G services in the spring of 2020.

TOKYO -- Japanese mobile carrier NTT Docomo will repurchase 2.39% of its outstanding shares for 250 billion yen ($2.2 billion), mostly from parent Nippon Telegraph & Telephone.

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