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DoCoMo to buy back shares

TOKYO-NTT DoCoMo Inc. Thursday detailed its plans to buy back some of its shares. The Japanese carrier plans to buy back 142,000 shares of common stock at the closing price of its common stock on the Tokyo Stock Exchange Thursday, which was $1,650.

Results of the buyback will be announced Friday, the carrier said.

The stock repurchase was approved by DoCoMo’s shareholders in June.<

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