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  • NOTICE REGARDING THE STATUS OF STOCK REPURCHASES(UNDER THE PROVISIONS OF NTT’S ARTICLES OF INCORPORATION PURSUANT TO PARAGRAPH 2, ARTICLE 165 OF THE COMPANIES ACT OF JAPAN)

NTT Press Releases

April 3, 2017

NOTICE REGARDING THE STATUS OF 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 : 5,931,700 shares
3. Aggregate repurchased amount : 29,171,197,300 yen
4. Period for repurchases : March 1, 2017 to March 31, 2017
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 December 12, 2016:

(1) Class of shares to be repurchased : Common stock
(2) Total number of shares to be repurchased : Up to 33 million shares
(Ratio to the number of outstanding shares (excluding treasury stock): 1.62%)
(3) Aggregate repurchase amount : Up to 150 billion yen
(4) Period for repurchases : December 13, 2016 to June 30, 2017

2.Total number and value of shares repurchased pursuant to the resolution approved at the Board of Directors’ meeting held on December 12, 2016 (as of March 31, 2017):

(1) Total number of shares repurchased : 21,693,800 shares
(2) Aggregate repurchased amount : 106,763,161,600 yen

For further inquiries, please contact:

Hiroshi Setoguchi or Tatsuya Watanabe

Investor Relations Office
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
TEL: +81-3-6838-5481

Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.

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