REG - Nippon Telegraph - THE STATUS AND CONCLUSION OF STOCK REPURCHASES

Nippon Telegraph and TelephoneAnnouncement

15/01/2019 07:00

RNS Number : 1130N
Nippon Telegraph and Telephone Corp
15 January 2019
 


January 15, 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 and Conclusion 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 as below the results and conclusion 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. This concludes NTT's repurchase of its common stock authorized by the Board of Directors' meeting held on November 6, 2018.
 
1.    Class of shares repurchased:                          Common stock
2.    Total number of shares repurchased:             3,395,000 shares
3.    Aggregate repurchased amount:                    15,348,947,600 yen
4.    Period for repurchases:                                  January 4, 2019 to January 11, 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 November 6, 2018:
 




(1)     Class of shares to be repurchased:


Common stock




(2)     Total number of shares to be repurchased:


Up to 36 million shares
(Ratio to the number of outstanding shares (excluding treasury stock): 1.85%)




(3)     Aggregate repurchase amount:


Up to 150 billion yen




(4)     Period for repurchases:


November 7, 2018 to March 29, 2019




 
2.      Total number and value of shares repurchased through January 11, 2019 pursuant to the resolution approved at the Board of Directors' meeting held on November 6, 2018:
 




(1)     Total number of shares repurchased:


32,868,000 shares




(2)     Aggregate repurchased amount:


149,999,824,700 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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