Nidec Announces the Status of Own Share Repurchase
2017年10月2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 September
1, 2017 through September 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.
Reference A) The following
details were resolved by the Company’s Board of Directors on
January 24, 2017:
- Class of shares: Common stock
- 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)
- Total repurchase amount: Up to 50 billion yen
- 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 September 30, 2017, pursuant to the Board
of Directors resolution above:
- Total number of own shares repurchased: 520,000
- Total repurchase amount: 5,138,822,700 yen
Contact:Masahiro NagayasuGeneral ManagerInvestor Relations
+81-75-935-6140ir@nidec.com