KDDI : Notice Regarding Repurchase of Own Shares (Repurchase of Own Shares under the Provisions of the Articles of Incorporation Pursuant to Article 165, Paragraph 2, of the Companies Act)
January 31, 2018 at 01:10 am EST
Share
January 31,2018
KDDI Corporation
The Board of Directors of KDDI Corporation ('KDDI',) at its meeting held on January 31, 2018, resolved that KDDI will repurchase its own shares pursuant to Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, Paragraph 3, of that law.
1. Reasons for repurchase of KDDI's own shares
To implement flexible capital policies in response to the change in the business environment and to provide shareholders return.
2. Details of matters relating to the repurchase
(1)
Type of shares to be repurchased
Shares of common stock
(2)
Total number of shares to be repurchased
Up to 21,000,000 shares
(Ratio to the shares outstanding: 0.87%)
(3)
Total amount of repurchase price
Up to 50 billion yen
(4)
Repurchase period
From February 1, 2018 to March 23, 2018
(5)
Repurchase method
Market purchases through the Tokyo Stock Exchange
Reference: Own shares held by KDDI as of December 31, 2017
(1)
Total number of shares outstanding
2,424,356,939 shares
(2)
Total number of treasury stocks (Note)
162,856,586 shares
KDDI Corporation published this content on 31 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 January 2018 06:09:09 UTC.
Original documenthttp://news.kddi.com/kddi/corporate/english/ir-news/2018/01/31/2930.html
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KDDI Corporation specializes in telecommunications services. Net sales break down by activity as follows:
- telecommunications services for consumers (84.8%): mobile telephony, fixed-line telephony, Internet access and data transmission services, sale of terminals and mobile telephones, etc.;
- telecommunications services for businesses (14.8%): network and cloud services, data hosting, etc.;
- other (0.4%).
KDDI : Notice Regarding Repurchase of Own Shares (Repurchase of Own Shares under the Provisions of the Articles of Incorporation Pursuant to Article 165, Paragraph 2, of the Companies Act)
KDDI CORPORATION 
