KDDI : Notice Regarding the Results of Repurchase of Own Shares
August 03, 2018 at 02:12 am EDT
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August 3,2018
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
89,000 shares
(3) Total amount of repurchase price
260,610,500 yen
(4) Repurchase period
From July 1, 2018 to July 31, 2018
(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 10, 2018
(1) Type of shares to be repurchased
Shares of common stock
(2) Total number of shares to be repurchased
Up to 63,000,000 shares
(Ratio to the shares outstanding: 2.62%)
(3) Total amount of repurchase price
Up to 150 billion yen
(4) Repurchase period
From May 11, 2018 to March 22, 2019
(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 10, 2018 (as of July 31, 2018)
(1) Total number of shares repurchased
1,317,100 shares
(2) Total amount of repurchase price
3,855,620,200 yen
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KDDI Corporation published this content on 03 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 August 2018 06:10:25 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%).