Notice regarding the Status of Stock Repurchases
Source: RNSJuly 1, 2019
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Company Name: Nippon Telegraph and Telephone Corporation |
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Representative: Jun Sawada, President and Chief Executive Officer |
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(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: 12,000,000 shares
3. Aggregate repurchased amount: 59,912,221,600 yen
4. Period for repurchases: June 3, 2019 to June 21, 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:
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(1) Class of shares to be repurchased: |
Common stock |
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(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%) |
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(3) Aggregate repurchase amount: |
Up to 250 billion yen |
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(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 June 30, 2019):
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(1) Total number of shares repurchased: |
36,600,000 shares |
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(2) Aggregate repurchased amount: |
178,741,656,100 yen |
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For further inquiries, please contact: |
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Masayoshi Inoue or Takayuki Kimura |
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Investor Relations Office |
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Finance and Accounting Department Nippon Telegraph and Telephone Corporation |
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Contact us by email: http://www.ntt.co.jp/ir/form_e/ref_contact.html |
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