FOR INFORMATION May 26, 1999 |
NTT Acquires Own Stock |
Nippon Telegraph and Telephone Corporation (NTT) decided at a meeting of its board of directors on May 26, 1999 to acquire 120,000 shares of its own stock at a par value worth 120 billion yen based on Item 2 of Article 212 of Japan's Commercial Law concerning profit write-offs. The acquisition is expected to be approved at NTT's fourteenth Ordinary General, Meeting of Shareholders scheduled for Tuesday, June 29, 1999. |
For further information, please contact:
Tomoyoshi Kosugi or Kenya Nakatsuka |
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