June 14, 2016
Notice of Results of Stock Repurchase through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that it repurchased shares of its common stock today, pursuant to the announcement made on June 13, 2016, as described below.
The stock repurchase authorized at the board of directors' meeting held on May 13, 2016 has been completed with today's repurchase.
Reason for Stock Repurchase:
To improve capital efficiency and to implement NTT's capital policy in light of fluctuations in supply of and demand for NTT stock.
Details of Repurchase:
Class of shares repurchased: Common stock
Total number of shares repurchased: 59,038,100 shares
Aggregate repurchased amount: 267,383,554,900 yen
Date of repurchase: June 14, 2016
Method of repurchase: Through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
Class of shares to be repurchased: Common stock
Total number of shares to be repurchased: Up to 68 million shares
Aggregate repurchase amount: Up to 350 billion yen
Class of shares repurchased: Common stock
Total number of shares repurchased: 59,038,100 shares
Aggregate repurchased amount: 267,383,554,900 yen
(For reference)
Details of the resolution approved at the board of directors' meeting held on May 13, 2016 (as announced on May 13, 2016):
Details of total shares repurchased following the approval of the resolution by the board of directors on May 13, 2016:
For further inquiries, please contact: | |
Hiroshi Setoguchi or Tatsuya Watanabe | |
Investor Relations Office | |
Finance and Accounting Department | |
Nippon Telegraph and Telephone Corporation | |
Phone: | +81-3-6838-5481 |
Fax: | +81-3-6838-5499 |
NTT - Nippon Telegraph & Telephone Corporation published this content on 14 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 June 2016 00:59:05 UTC.
Original documenthttp://www.ntt.co.jp/news2016/1606e/pdf/160614a.pdf
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