Outcome of Share Repurchase.Tokyo, Japan, Nov 22, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - NTT DoCoMo (NTT Mobile Communications Network, Inc., Japan) Founded in 1991, NTT DoCoMo is a spinoff of Japan's NTT (Nippon Telegraph and Telephone Corporation) which provides wireless services, including cellular, paging, satellite and maritime and in-flight telephone services. , Inc. announced today the following outcome of its share repurchase Share Repurchase A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares. This is usually an indication that the company's management thinks the shares are undervalued. under article 210 of the former Japanese Commercial Code. 1. Reason for share repurchase To improve capital efficiency and to implement flexible capital policies in accordance with the business environment 2. Details of share repurchase (1) Class of shares: Common stock (2) Period of share repurchase: From November 8, 2006 to November 22, 2006 (3) Aggregate number of shares repurchased: 138,953 shares (4) Aggregate price of shares repurchased: 25,198,999,000 yen (5) Method of repurchase: Purchase on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. (Note1) The above repurchase of shares was approved by DoCoMo's shareholders at the 15th annual general meeting of shareholders, which was held on June 20, 2006. The summary of the resolution is as follows: -Class of Shares to be repurchased: Common Stock -Aggregate number of shares to be repurchased: Up to 1,400,000 shares -Aggregate price of shares to be repurchased: Up to 250,000,000,000 yen (Note2) Aggregate number and aggregate price of shares repurchased since the shareholders resolution on June 20, 2006 are as follows: -Aggregate number of shares repurchased: 428,022 shares -Aggregate price of shares repurchased: 75,024,322,000 yen About NTT DoCoMo NTT DoCoMo is the world's leading mobile communications company. DoCoMo serves more than 51 million customers, of which more than half subscribe to FOMA See i-Mode. (TM), launched as the world's first 3G mobile service based on W-CDMA See WCDMA. in 2001. DoCoMo also offers a wide variety of leading-edge mobile multimedia services, including i-mode(TM), the world's most popular mobile e-mail/ Internet service, used by more than 46 million users. With the addition of credit-card and other e-wallet functions, DoCoMo mobile phones have become highly versatile tools for daily life. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM) and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (DCM DCM abbr. Distinguished Conduct Medal ) stock exchanges. For more information, visit www.nttdocomo.com. Source: NTT DoCoMo Contact: NTT DoCoMo, Inc. Eijun Tanaka Assistant Manager International Public Relations Group Inquiries: http://www.nttdocomo.com/inquiry Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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