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) (PDF:31KB)
November 01, 2017 at 02:08 am
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November 1, 2017
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:
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)
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
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
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
NTT - Nippon Telegraph & Telephone Corporation published this content on 01 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 November 2017 06:07:04 UTC.
Original documenthttp://www.ntt.co.jp/news2017/1711e/pdf/171101a.pdf
Public permalinkhttp://www.publicnow.com/view/CAC1C1E718216E48252684C1733C02C2ED97EED1
Nippon Telegraph and Telephone Corporation (NTT) is one of the Japanese largest telecommunications operators. Net sales break down by activity as follows:
- systems integration services (32.8%). In addition, the group offers cloud services, data hosting, managed services, etc.;
- networking and interconnection services (28.3%);
- mobile telephony services (9.1%): 84.8 million subscribers at the end of March 2022;
- fixed-line telecommunications services (7.5%): local and long-distance telephony services
- sale of telecommunications terminals (5.7%);
- other (16.6%): primarily distribution of films, music and e-books, financial services, real estate management and renewable energy production.
Japan accounts for 81.9% of net sales.
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) (PDF: 31KB)
NIPPON TELEGRAPH AND TELEPHONE CORPORATION 
