Notice Regarding the Cancellation of Treasury Stock

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May 15,2019

KDDI Corporation

The Board of Directors of KDDI Corporation ("KDDI",) at its meeting held today, 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: 176,630,845 shares
(6.98% of the total issued shares before cancellation)
3. Date of Cancellation: May 23, 2019

Reference: After the cancellation, the number of treasury stocks will be 0.18% of the total number of issued shares.

Total number of issued shares after the cancellation 2,355,373,600 shares
Total number of treasury stocks after the cancellation 4,322,928 shares [1]
  • [1]
    These are only shares of KDDI shares owned by the executives' compensation BIP Trust Account and ESOP Trust Account.
  • The information contained in the articles is current at the time of publication.
    Products, service fees, service content and specifications, contact information, and other details are subject to change without notice.