REG - Nippon Telegraph - Notice regarding the Status of Stock Repurchases

Nippon Telegraph and TelephoneAnnouncement

03/06/2019 10:05

RNS Number : 9208A
Nippon Telegraph and Telephone Corp
03 June 2019
 


June 3, 2019
 




 


 


 


 


Company Name: Nippon Telegraph and Telephone Corporation




 


 


 


 


Representative: Jun Sawada, President and Chief Executive Officer




 


 


 


 


(Code No.: 9432, First section of Tokyo Stock Exchange)




 
Notice regarding the Status of Stock Repurchases
(Under the Provisions of NTT's Articles of Incorporation pursuant to
Paragraph 2, Article 165 of the Companies Act of Japan)
 
Nippon Telegraph and Telephone Corporation ("NTT") hereby announces the status of repurchases of shares of its common stock conducted pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act.
 
1.    Class of shares repurchased:                      Common stock
2.    Total number of shares repurchased:         9,600,000 shares
3.    Aggregate repurchased amount:                47,204,434,500 yen
4.    Period for repurchases:                               May 16, 2019 to May 31, 2019
5.    Method of repurchase:                                Acquisitions on the Tokyo Stock Exchange
 
(Reference)
1.      Details of the resolution approved at the Board of Directors' meeting held on May 10, 2019:
 




(1)     Class of shares to be repurchased:


Common stock




(2)     Total number of shares to be repurchased:


Up to 53 million shares
(Ratio to the number of outstanding shares (excluding treasury stock): 2.76%)




(3)     Aggregate repurchase amount:


Up to 250 billion yen




(4)     Period for repurchases:


May 13, 2019 to July 31, 2019




 
2.      Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors' meeting held on May 10, 2019 (as of May 31, 2019):
 




(1)     Total number of shares repurchased:


24,600,000 shares




(2)     Aggregate repurchased amount:


118,829,434,500 yen




 




 


 


 




 


  


For further inquiries, please contact:




 


  


Takumi Matsumoto or Takayuki Kimura




 


  


Investor Relations Office




 


  


Finance and Accounting Department
Nippon Telegraph and Telephone Corporation




 


  


Contact us by email:
http://www.ntt.co.jp/ir/form_e/ref_contact.html




 




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