KDDI : Notice Regarding the Results of Repurchase of Own Shares
December 05, 2018 at 04:48 am EST
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December 5,2018
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
11,984,300 shares
(3) Total amount of repurchase price
29,999,989,650 yen
(4) Repurchase period
From November 1, 2018 to November 30, 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 November 30, 2018)
(1) Total number of shares repurchased
28,718,000 shares
(2) Total amount of repurchase price
79,999,675,700 yen
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KDDI Corporation published this content on 05 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 December 2018 09:46:30 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%).