May 10,2018
KDDI Corporation
The Board of Directors of KDDI Corporation ("KDDI",) at its meeting held today, resolved that KDDI will repurchase its own shares pursuant to Article 156 of the Companies Act of Japan, which applies pursuant to Article 165, Paragraph 3, of that law.
To implement flexible capital policies in response to the change in the business environment and to provide shareholders return.
(1) | Type of shares to be repurchased | Shares of common stock |
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(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 |
Total number of shares outstanding | 2,405,404,223 shares |
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Total number of treasury stocks [1] | 181,809,302 shares |