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  • NOTICE REGARDING THE STATUS AND CONCLUSION 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 13, 2017

NOTICE REGARDING THE STATUS AND CONCLUSION 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 as below the results and conclusion 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. This concludes NTT’s repurchase of its common stock authorized by the Board of Directors’ meeting held on December 12, 2016.

1. Class of shares repurchased : Common stock
2. Total number of shares repurchased : 8,893,400 shares
3. Aggregate repurchased amount : 43,234,763,600 yen
4. Period for repurchases : April 1, 2017 to April 12, 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 through April 12, 2017 pursuant to the resolution approved at the Board of Directors’ meeting held on December 12, 2016:

(1) Total number of shares repurchased : 30,587,200 shares
(2) Aggregate repurchased amount : 149,997,925,200 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Please be advised that information may be outdated after that point.

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