TOKYO, JAPAN, March 1, 2004 --- NTT DoCoMo, Inc. announced today the Company determined to repurchase its share as follows under article 210 of the Japanese Commercial Code.
- Method of repurchase
The Company will place purchase orders for its own shares through brokerages at the closing price trading on the Tokyo Stock Exchange Trading Network System (i.e., ToSTNeT-2) in the 8:45 am session on March 2, 2004 with the closing price of its common stock traded on the first section of the Tokyo Stock Exchange market on March 1, 2004(230,000 yen) (it will not change the method of trading or the proposed trading time). The purchase orders will be placed only in this trading time.
- Detail of repurchase
(1) Class of shares: Common stock (2) Aggregate number of shares to be repurchased:
87,000 shares
(Note1)
The number of shares to be repurchased will not change. Depending on the market conditions, however, there is a possibility that a part or all of such shares may not be repurchased.
(Note2)
Repurchases will be made to the extent that sell orders match buy orders. - Announcement of the result of repurchase
The result of the repurchase will be published after completion of the ToSTNeT-2 trades on March 2, 2004.
(Reference 1)
The above repurchase of shares was approved by DoCoMo's shareholders at the 12th annual general meeting of shareholders, which was held on June 19, 2003. 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
-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)
Total number of shares repurchased since the shareholders resolution on June 19, 2003.
-Aggregate number of shares repurchased: 1,245,633 shares
-Aggregate price of shares repurchased: 318,785,629,000 yen
-Aggregate number of shares repurchased: 1,245,633 shares
-Aggregate price of shares repurchased: 318,785,629,000 yen
About NTT DoCoMo
NTT DoCoMo is the world's leading mobile communications company with more than 47 million customers. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode®, the world's most popular mobile internet service, which provides e-mail and internet access to over 40 million subscribers, and FOMA®, 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 America, the company is expanding its global reach through strategic alliances with mobile and multimedia service providers in Asia-Pacific, Europe and North 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's FOMA service is available only to subscribers in Japan.
