KDDI : Notice Regarding the Results of Repurchase of Own Shares
October 05, 2023 at 02:09 am EDT
Share
October 5,2023
KDDI Corporation
KDDI Corporation ("KDDI") informs you the results of repurchase of own shares as follows, pursuant to Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, Paragraph 3, of that law.
(1) Type of shares repurchased
Shares of common stock
(2) Total number of shares repurchased
64,131,000 shares
(3) Total amount of repurchase price
250,133,925,000 yen
(4) Repurchase period
From September 1, 2023 to September 30, 2023
(on a contract basis)
(Reference)
1. Matters resolved at the Board of Directors' meeting on May 11, 2023
(1) Type of shares to be repurchased
Shares of common stock
(2) Total number of shares to be repurchased
Up to 92,000,000 shares
(Ratio to the shares outstanding: 4.26%)
(3) Total amount of repurchase price
Up to 300 billion yen
(4) Repurchase period
From June 1, 2023 to May 31, 2024
2. Total own shares repurchased in accordance with the resolution at the Board of Directors' meeting on May 11, 2023 (as of September 30, 2023)
(1) Total number of shares repurchased
64,131,000 shares
(2) Total amount of repurchase price
250,133,925,000 yen
3. 2. of Results of the Tender Offer announced on August 29, 2023 (restated)
KDDI Corporation published this content on 05 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2023 06:08:03 UTC.
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%).