KDDI : Notice Regarding the Results of Repurchase of Own Shares
December 06, 2022 at 01:22 am EST
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December 6,2022
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
12,745,800 shares
(3) Total amount of repurchase price
53,483,577,100 yen
(4) Repurchase period
From November 1, 2022 to November 30, 2022
(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 13, 2022
(1) Type of shares to be repurchased
Shares of common stock
(2) Total number of shares to be repurchased
Up to 57,000,000 shares
(Ratio to the shares outstanding: 2.58%)
(3) Total amount of repurchase price
Up to 200 billion yen
(4) Repurchase period
From June 1, 2022 to May 31, 2023
(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 13, 2022 (as of November 30, 2022)
KDDI Corporation published this content on 06 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2022 06:21:01 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%).