Nintendo Begins Share Buy Back

Nintendo will put into effect a 114.2 billion-yen ($1.1 billion) share buyback program tomorrow – the first instituted response to lackluster Wii U sales lowering the company’s bottom line. Nintendo will seek to reacquire as many as 9.5 million shares (7.4 percent) of its outstanding stock at 12,025 yen ($119) each and, according to a […]