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9432 Nippon Telegraph and Telephone News Story

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REG - Nippon Telegraph - NOTICE REGARDING THE STATUS OF STOCK REPURCHASES <Origin Href="QuoteRef">9432.T</Origin>

RNS Number : 2229V
Nippon Telegraph and Telephone Corp
01 November 2017

November 1, 2017





CompanyName:NipponTelegraphandTelephoneCorporation





Representative:Hiroo Unoura,PresidentandChiefExecutiveOfficer





(CodeNo.:9432,FirstsectionofTokyo 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: 11,400,000 shares

3. Aggregate repurchased amount: 60,294,328,000 yen

4. Period for repurchases: October 4, 2017 to October 31, 2017

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 September 25, 2017:

(1) Class of shares to be repurchased:

Common stock

(2) Total number of shares to be repurchased:

Up to 30 million shares

(Ratio to the number of outstanding shares (excluding treasury stock): 1.50%)

(3) Aggregate repurchase amount:

Up to 150 billion yen

(4) Period for repurchases:

September 26, 2017 to March 31, 2018

2. Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors' meeting held on September 25, 2017 (as of October 31, 2017):

(1) Total number of shares repurchased:

11,400,000 shares

(2) Aggregate repurchased amount:

60,294,328,000 yen





Forfurtherinquiries,pleasecontact:


Takayuki Kimura or Tatsuya Watanabe


Investor Relations Office


Finance and Accounting Department

NipponTelegraphandTelephoneCorporation


TEL: +81-3-6838-5481


This information is provided by RNS
The company news service from the London Stock Exchange
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