Nippon Telegraph And Telephone : 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)
January 07, 2019 at 11:34 am IST
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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
8,400,000 shares
3. Aggregate repurchased amount
38,834,547,700 yen
4. Period for repurchases
December 3, 2018 to December 20, 2018
5. Method of repurchase
Acquisitions on the Tokyo Stock Exchange
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NTT - Nippon Telegraph & Telephone Corporation published this content on 07 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 January 2019 06:03:02 UTC
Nippon Telegraph and Telephone Corporation (NTT) is one of the Japanese largest telecommunications operators. Net sales break down by activity as follows:
- systems integration services (32.8%). In addition, the group offers cloud services, data hosting, managed services, etc.;
- networking and interconnection services (28.3%);
- mobile telephony services (9.1%): 84.8 million subscribers at the end of March 2022;
- fixed-line telecommunications services (7.5%): local and long-distance telephony services
- sale of telecommunications terminals (5.7%);
- other (16.6%): primarily distribution of films, music and e-books, financial services, real estate management and renewable energy production.
Japan accounts for 81.9% of net sales.
Nippon Telegraph And Telephone : 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)