April 25, 2014
Notice Concerning Authorization of Share Repurchase up to Prescribed Maximum Limit
(Share Repurchase under the provisions of Articles of Incorporation pursuant to Article 165 (2) of the Companies Act)
TOKYO, JAPAN, April 25, 2014 --- NTT DOCOMO, INC. announced that its Board of Directors resolved today to authorize a share repurchase up to a prescribed maximum limit under Article 156 of the Companies Act, as applied pursuant to Article 165 (3) of the Companies Act, as detailed below.
1. Reasons for share repurchase
To improve shareholder returns and to increase capital efficiency
2. Details of authorization of share repurchase
Class of shares: Common stock
Aggregate number of shares to be repurchased: Up to 320,000,000 shares
(equal to 7.72% of total issued shares excluding treasury shares)Aggregate price of shares to be repurchased: Up to 500,000,000,000 yen
Period for share repurchase: From April 26, 2014 to March 31, 2015
Notes
Treasury shares held by NTT DOCOMO, INC. as of March 31, 2014:
- Aggregate number of issued shares: 4,146,760,100 shares (excluding treasury shares)
- Number of treasury shares: 218,239,900 shares
About NTT DOCOMO
NTT DOCOMO provides innovative, convenient and secure mobile services that enable smarter living for each customer. The company serves over 63 million mobile customers in Japan via advanced wireless networks, including a nationwide 3G network and one of the world's first commercial LTE networks. Leveraging its unique capabilities as a mobile operator, DOCOMO is a leading developer of cutting-edge technologies for NFC mobile payments, mobile GPS, mobile TV, intuitive mobile assistance, environmental monitoring, smart grids and much more. Overseas, the company provides technical and operational expertise to eight mobile operators and other partner companies. NTT DOCOMO is listed on the Tokyo (9437) and New York (DCM) stock exchanges. Please visit https://www.docomo.ne.jp/english/ for more information.