TOKYO, JAPAN, November 12, 2004 --- NTT DoCoMo, Inc. announced today the outcome of share repurchase under article 210 of the Japanese Commercial Code.
-
Reason for share repurchase
To improve capital efficiency and to implement flexible capital policies in accordance with the business environment
-
Detail of repurchase
(1) Class of shares: Common stock
(2) Aggregate number of shares repurchased:
93,301 shares
(3) Repurchase price: 176,000 yen per share
(4) Aggregate price of shares repurchased:
16,420,976,000 yen
(5) Method of repurchase: Purchase through ToSTNeT-2
(Tokyo Stock Exchange Trading Network System)
(closing price orders)
(Reference 1)
The above repurchase of shares was approved by DoCoMo's shareholders at the 13th annual general meeting of shareholders, which was held on June 18, 2004. 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 2,500,000 shares
-Aggregate price of shares to be repurchased:
Up to 600,000,000,000 yen
(Reference 2)
Aggregate number and aggregate price of shares repurchased since the shareholders resolution on June 18, 2004 are as follows:
-Aggregate number of shares repurchased: 1,908,827 shares
-Aggregate price of shares repurchased: 348,662,234,000 yen
About NTT DoCoMo
i-mode, FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries.
NTT DoCoMo's FOMA service is only available to subscribers in Japan.