KDDI : Notice Regarding the Results of Repurchase of Own Shares
January 08, 2021 at 06:10 am
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January 8,2021
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
7,210,000 shares
(3) Total amount of repurchase price
21,513,374,250 yen
(4) Repurchase period
From December 1, 2020 to December 31, 2020
(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 October 30, 2020
(1) Type of shares to be repurchased
Shares of common stock
(2) Total number of shares to be repurchased
Up to 84,000,000 shares
(Ratio to the shares outstanding: 3.65%)
(3) Total amount of repurchase price
Up to 200 billion yen
(4) Repurchase period
From November 2, 2020 to May 31, 2021
(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 October 30, 2020 (as of December 31, 2020)
(1) Total number of shares repurchased
20,811,600 shares
(2) Total amount of repurchase price
63,062,670,700 yen
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KDDI Corporation published this content on 08 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 January 2021 06:09:04 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%).