REG - Nippon Telegraph - NOTICE REGARDING THE STATUS OF STOCK REPURCHASES

Nippon Telegraph and TelephoneAnnouncement

03/04/2018 07:05

RNS Number : 5272J
Nippon Telegraph and Telephone Corp
02 April 2018
 

April 2, 2018
 




















Company Name: Nippon Telegraph and Telephone Corporation




















Representative: Hiroo Unoura, 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:          8,400,000 shares
3.    Aggregate repurchased amount:                  42,010,087,100 yen
4.    Period for repurchases:                                  March 5, 2018 to March 31, 2018
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 February 21, 2018:
 




(1)     Class of shares to be repurchased:


Common stock




(2)     Total number of shares to be repurchased:


Up to 31 million shares
(Ratio to the number of outstanding shares (excluding treasury stock): 1.57%)




(3)     Aggregate repurchase amount:


Up to 150 billion yen




(4)     Period for repurchases:


February 22, 2018 to June 30, 2018




 
2.      Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors' meeting held on February 21, 2018 (as of March 31, 2018):
 




(1)     Total number of shares repurchased:


8,400,000  shares




(2)     Aggregate repurchased amount:


42,010,087,100 yen




 






















  


For further inquiries, please contact:








  


Takayuki Kimura or Tatsuya Watanabe








  


Investor Relations Office








  


Finance and Accounting Department
Nippon Telegraph and Telephone Corporation








  


TEL: +81-3-6838-5481




 



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