Nippon Telegraph And Telephone : NOTICE REGARDING THE STATUS OF STOCK REPURCHASES (STOCK REPURCHASES UNDER THE PROVISIONS OF NTT’S ARTICLES OF INCORPORATION PURSUANT TO PARAGRAPH 2, ARTICLE 165 OF THE COMPANIES ACT OF JAPAN)
March 02, 2015 at 01:34 am EST
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March 2, 2015
NOTICE REGARDING THE STATUS OF STOCK REPURCHASES
(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
:
5,702,100shares
3.
Aggregate repurchased amount
:
40,863,387,344yen
4.
Period for repurchases
:
Feburary 1, 2015 to Feburary 28, 2015
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 7, 2014:
(1)
Class of shares to be repurchased
:
Common stock
(2)
Total number of shares to be repurchased
:
Up to 51 million shares
(Ratio to the number of outstanding shares: 4.60%)
(3)
Aggregate repurchase amount
:
Up to 350 billion yen
(4)
Period for repurchases
:
November 10, 2014 to June 30, 2015
2. Total number and value of shares repurchased pursuant to the resolution approved at the board of directors' meeting held on November 7, 2014 (as of February 28, 2015):
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.
Nippon Telegraph And Telephone : NOTICE REGARDING THE STATUS OF STOCK REPURCHASES (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 
