KDDI : Notice Regarding the Results of Repurchase of Own Shares
January 10, 2023 at 11:47 am IST
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January 10,2023
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
5,707,200 shares
(3) Total amount of repurchase price
22,931,008,400 yen
(4) Repurchase period
From December 1, 2022 to December 31, 2022
(on a contract basis)
(5) Repurchase method
Market purchases through the Tokyo Stock Exchange
(Reference)
1. Matters resolved at the Board of Directors' meeting on May 13, 2022
(1) Type of shares to be repurchased
Shares of common stock
(2) Total number of shares to be repurchased
Up to 57,000,000 shares
(Ratio to the shares outstanding: 2.58%)
(3) Total amount of repurchase price
Up to 200 billion yen
(4) Repurchase period
From June 1, 2022 to May 31, 2023
(5) Repurchase method
Market purchases through the Tokyo Stock Exchange
2. Total own shares repurchased in accordance with the resolution at the Board of Directors' meeting on May 13, 2022 (as of December 31, 2022)
KDDI Corporation published this content on 10 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2023 06:16:13 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%).