Press Releases

October 31, 2018

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)

  • Print

TOKYO, JAPAN, October 31, 2018 --- 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

2. Details of authorization of share repurchase

  1. Class of shares: Common stock
  2. Aggregate number of shares to be repurchased: Up to 260,000,000 shares
    (equal to 7.24% of total issued shares excluding treasury shares)
  3. Aggregate price of shares to be repurchased: Up to 600,000,000,000 yen
  4. Period for share repurchase: From November 1, 2018 to March 31, 2019

3. Other

NTT DOCOMO, INC. changed its capital policy (Basic Policies for Profit Distribution) regarding treasury stock holdings, which was disclosed in its 27th business report, at a board meeting on October 31, 2018.

Old New
We intend to keep the repurchased shares as treasury stock and in principle to limit the amount of such treasury stock to approximately 5% of our total issued shares, and will consider retiring any treasury stock held in excess of this limit in a lump around the end of the fiscal year or at other appropriate times. We will consider retiring all treasury stock resulting from share repurchases while taking into consideration to the need to retain such stock.


  • Treasury shares held by NTT DOCOMO, INC. as of September 30, 2018:
  • -Aggregate number of issued shares: 3,593,184,513 shares (excluding treasury shares)
  • -Number of treasury shares: 189,114,487 shares

Go to top of the page