Deliver Your News to the World

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)


WEBWIRE

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:  25,500,000 shares
3.Aggregate repurchased amount:  66,323,752,950 yen
4.Period for repurchases:  December 1, 2020 to December 23, 2020
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, 2020:

(1)Class of shares to be repurchased: Common stock
(2)Total number of shares to be repurchased: Up to 120 million shares
(Ratio to the number of outstanding shares (excluding treasury stock): 3.23%)
(3)Aggregate repurchase amount: Up to 250 billion yen
(4)Period for repurchases: November 11, 2020 to March 31, 2021

2.Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors’ meeting held on November 6, 2020 (as of December 31, 2020):

(1)Total number of shares repurchased: 43,500,000 shares
(2)Aggregate repurchased amount: 111,178,396,450 yen

 

 


( Press Release Image: https://photos.webwire.com/prmedia/6/268564/268564-1.png )


WebWireID268564





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.