TOKYO, JAPAN, May 13, 2003 --- NTT DoCoMo, Inc. announced today that its board of directors decided to call for a resolution of its shareholders at the 12th annual general meeting of its shareholders scheduled on June 19, 2003 regarding the repurchase of its own shares.
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) Number of shares to be repurchased: 2,500,000 shares (maximum) (3) Aggregate price of shares to be repurchased: 600 billion yen (maximum) (Note) The above repurchase of shares is subject to the approval of DoCoMo's shareholders at the 12th annual general meeting to be held on June 19, 2003. |
About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company with more than 46 million customers. The company provides a wide variety of leading-edge mobile multimedia services. These include , the world's most popular mobile internet service, which provides e-mail and internet access to over 38 million subscribers, and launched in 2001 as the world's first 3G mobile service based on W-CDMA. In addition to wholly owned subsidiaries in Europe and North and South America, the company is expanding its global reach through strategic alliances with mobile and multimedia service providers in the Asia-Pacific, Europe and North and South America. NTT DoCoMo is listed on the Tokyo (9437), London (NDCM), and New York (DCM) stock exchanges. For more information, visit www.docomo.ne.jp/english
i-mode and FOMA are trademarks or registered trademarks of NTT DoCoMo, Inc. in Japan and other countries.