May 13,2022
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 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 |
Depending on market environment and other factors, it is possible that no share repurchase, or a share repurchase of only a portion of the above, will be carried out.
Reference: Own shares held by KDDI as of April 30, 2022
Total number of shares outstanding | 2,205,916,918 shares |
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Total number of treasury stocks [1] | 98,262,632 shares |