Nidec Announces the Status of Own Share Repurchase
2017年6月1日 - 3:40PM
Nidec Corporation (TSE:6594) (OTC US:NJDCY) (the “Company”) today
announced the status of the Company’s own share repurchase under
its ongoing repurchase plan resolved at a meeting of the Board of
Directors held on January 24, 2017, pursuant to Article 459,
Paragraph 1, Item 1 of the Company Law of Japan.
Details are as follows:
Details of Share Repurchase
1. Period of own share repurchase: From May 1,
2017 through May 31, 20172. Class of shares: Common stock3. Number
of own shares repurchased: 04. Total repurchase amount: 0 yen
Note: The above repurchase information has been
prepared on the basis of execution date.
Reference
A) The following details were resolved by the Company’s Board of
Directors on January 24, 2017:
1. Class of shares: Common stock2. Total number of
shares that may be repurchased: Up to 5,000,000 shares (1.69% of
total number of shares issued, excluding treasury stock)3. Total
repurchase amount: Up to 50 billion yen4. Period of repurchase:
From January 27, 2017 through January 26, 2018
B) Total number and yen amount of own shares repurchased from
January 27, 2017 through May 31, 2017, pursuant to the Board of
Directors resolution above:
1. Total number of own shares repurchased:
520,0002. Total repurchase amount: 5,138,822,700 yen
Contact:
Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com