May 11,2017
KDDI Corporation
The Board of Directors of KDDI Corporation ("KDDI",) at its meeting held on May 11, 2017, resolved that KDDI will cancel a portion of its treasury stock pursuant to Article 178 of the Companies Act of Japan, as stated below.
1. Type of shares to be cancelled: | Shares of common stock | |
2. Number of shares to be cancelled: | 33,280,732 shares | |
(1.27% of the total issued shares before cancellation) | ||
3. Date of Cancellation: | May 17, 2017 |
Reference: After the cancellation, the number of treasury stocks will be 5% of the total number of issued shares.
Total number of issued shares after the cancellation | 2,587,213,525 shares |
Total number of treasury stocks after the cancellation | 129,360,676 shares |