You are here

Nintendo plans US$1.2b share buyback

Company hit by poor sales of its Wii U console, with competition from smartphones, tablets, PS4 and Xbox One

Tokyo NINTENDO will spend as much as US$1.2 billion buying back shares after shoppers during the Christmas season shunned its Wii U console and games featuring Mario and Zelda. The world's largest maker of video-game machines will buy back as many as 10 million shares, or about 7.8 per cent of

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom