Nippon Telegraph and Telephone Corp THE STATUS AND CONCLUSION OF STOCK REPURCHASES (2982R)

TIDMNPN

RNS Number : 2982R

Nippon Telegraph and Telephone Corp

24 October 2013

October 24, 2013

 
 
           Company Name: Nippon Telegraph and Telephone Corporation 
Representative: Hiroo Unoura, President and Chief Executive Officer 
            (Code No.: 9432, First section of Tokyo Stock Exchange)

Notice regarding the Status and Conclusion of Stock Repurchases

(Stock Repurchases Under the Provisions of Articles of Incorporation Pursuant to

Paragraph 2, Article 165 of the Corporation Law 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 Corporation Law of Japan, as applied pursuant to Paragraph 3, Article 165 of the Corporation Law. This concludes NTT's repurchase of its common stock authorized by the board of directors' meeting held on May 10, 2013.

   1.    Class of shares repurchased:                       Common stock 
   2.    Total number of shares repurchased:          5,180,700 shares 
   3.    Aggregate repurchased amount:                  26,757,720,495 yen 
   4.    Period for repurchases (trade date):             October 1, 2013 to October 23, 2013

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 May 10, 2013: 
 
 (1) Class of shares to        Common stock 
  be repurchased: 
 (2) Total number of shares    Up to 50 million shares 
  to be repurchased:            (Ratio to the number 
                                of outstanding shares: 
                                4.22%) 
 (3) Aggregate repurchase      Up to 250 billion yen 
  amount: 
 (4) Period for repurchases:   May 13, 2013 to March 
                                31, 2014

2. Total number and value of shares repurchased through October 23, 2013 pursuant to the resolution approved at the board of directors' meeting held on May 10, 2013:

 
 (1) Total number of shares   48,737,200 shares 
  repurchased: 
 (2) Aggregate repurchased    249,999,993,959 yen 
  amount: 
 
 
 
For further inquiries, please contact: 
Takuro Hanaki 
Investor Relations Office 
Finance and Accounting Department 
 Nippon Telegraph and Telephone Corporation 
TEL: +81-3-5205-5581

This information is provided by RNS

The company news service from the London Stock Exchange

END

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