The Board of Directors of NTT System Spolka Akcyjna (WSE:NTT) authorized a share repurchase program on January 11, 2012. Under the program, NTT System will repurchase up to 2,000,000 shares for PLN 3.5 million. The repurchases will commence from January 17, 2012 and will continue till June 28, 2012. NTT System Spolka Akcyjna's share repurchase program expired on June 28, 2012.