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March 27, 2023
Nippon Telegraph and Telephone Corporation
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 November 8, 2022.
| 1. Class of shares repurchased: | Common stock |
|---|---|
| 2. Total number of shares repurchased: | 9,720,300 shares |
| 3. Aggregate repurchased amount: | 38,753,994,100 yen |
| 4. Period for repurchases: | March 1, 2023 to March 24, 2023 |
| 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 November 8, 2022:
| (1) Class of shares to be repurchased: | Common stock |
|---|---|
| (2) Total number of shares to be repurchased: | Up to 41 million shares (Ratio to the number of outstanding shares (excluding treasury stock): 1.19%) |
| (3) Aggregate repurchase amount: | Up to 150 billion yen |
| (4) Period for repurchases: | November 9, 2022 to March 31, 2023 |
2. Total number and value of shares repurchased through March 24, 2023 pursuant to the resolution approved at the Board of Directors' meeting held on November 8, 2022:
| (1) Total number of shares repurchased: | 38,926,400shares |
|---|---|
| (2) Aggregate repurchased amount: | 149,999,770,700yen |
For further inquiries, please contact
NAKAYAMA or UMEDA
Investor Relations Office
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Contact us by email:
https://group.ntt/en/ir/contact/
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Please be advised that information may be outdated after that point.
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