Nidec Announces the Status of Own Share Repurchase
2017年7月3日 - 3:30PM
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 June 1,
2017 through June 30, 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.
ReferenceA) 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 June 30, 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