Government sells 91,800 NTT shares

The government sold 91,800 shares in Nippon Telegraph and Telephone Corp. on Tuesday in response to NTT’s share-repurchase plan, the Finance Ministry said.

The government sold the shares for about 39.57 billion yen, the ministry said. The sales reduced the government’s stake in NTT to 45.3 percent from 45.9 percent.