Nidec Announces the Status of Own Share Repurchase

StreetInsider2021-07-01

KYOTO, Japan, July 01, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing ...

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Period of own share repurchase: From June 1, 2021 through June 30, 2021 2. Class of shares: Common stock 3. Number of own shares repurchased: 0 4. Total repurchase amount: 0 yen\nNote: The above repurchase information has been prepared on the basis of trade date.\nReference A) The following details were resolved by the Company’s Board of Directors on January 25, 2021: 1. Class of shares: Common stock 2. Total number of shares that may be repurchased: Up to 4,000,000 shares　 (0.68% of total number of shares issued, excluding treasury stock) 3. Total repurchasable amount: 50 billion yen 4. Period of repurchase: From January 26, 2021 through January 25, 2022\nB) Total number and yen amount of own shares repurchased from January 26, 2021 through June 30, 2021, pursuant to the Board of Directors resolution above: 1. Total number of own shares repurchased: 404,800 2. 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