Nidec Announces the Status of Own Share Repurchase
2018年3月1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, 2018, 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 February
1, 2018 through February 28, 20182. Class of shares: Common stock3.
Number of own shares repurchased: 14,0004. Total repurchase amount:
225,380,000 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,
2018:
1. Class of shares: Common stock2. Total number of
shares that may be repurchased: Up to 3,000,000 shares (1.01% of
total number of shares issued, excluding treasury stock)3. Total
repurchase amount: Up to 50 billion yen4. Period of repurchase:
From January 29, 2018 through January 28, 2019B) Total number and
yen amount of own shares repurchased from January 29, 2018 through
February 28, 2018, pursuant to the Board of Directors resolution
above:
1. Total number of own shares repurchased: 14,0002.
Total repurchase amount: 225,380,000 yen
Contact: |
Masahiro Nagayasu |
|
General Manager |
|
Investor Relations |
|
+81-75-935-6140 |
|
ir@nidec.com |
|