REG - Nippon Telegraph - ANNOUNCEMENT (PURCHASE OF SHARES)

Nippon Telegraph and TelephoneAnnouncement

10/05/2019 10:55

RNS Number : 6800Y
Nippon Telegraph and Telephone Corp
10 May 2019
 


May 10, 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 PURCHASE OF SHARES HELD BY UNTRACEABLE SHAREHOLDERS
 
Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that, at a meeting of its board of directors held today, NTT has authorized the purchase of shares held by untraceable shareholders as treasury stock pursuant to Paragraphs 3 and 4, Article 197 of the Corporation Law of Japan, as described below. NTT had previously announced the planned sale of shares held by untraceable shareholders on December 10, 2018.
 
 
1.      Total number of shares to be purchased:            302,916 shares of common stock
 
2.      Anticipated purchase date:                                  May 14, 2019
 
3.      Purchase price per share:                                    Closing price of NTT's common stock on the Tokyo Stock Exchange on the anticipated purchase date mentioned above. However, if no trading in NTT shares takes place on the anticipated purchase date, the purchase price per share shall be the price at which the first trade thereafter of NTT shares takes place on the Tokyo Stock Exchange and NTT will complete the purchase on such subsequent date.
 
4.      Aggregate purchase amount:                             Total number of shares to be purchased multiplied by the purchase price per share mentioned above.
 
 
 
 




 


 


 




 


  


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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