Nidec Announces the Status of Own Share Repurchase
Nidec (NJDCY) has reported the status of its ongoing share repurchase program, authorized by its Board of Directors on July 23, 2024. The company announced that during January 2025, no shares were repurchased under the program.
The authorized share repurchase plan allows for the buyback of up to 10 million common shares, representing 0.87% of total shares issued (excluding treasury stock), with a maximum repurchase amount of 35 billion yen. The repurchase period extends from May 27, 2024, through May 26, 2025.
As of January 31, 2025, the total number of shares repurchased since the program's inception on May 27, 2024, remains at zero, with no funds expended.
Nidec (NJDCY) ha reso noto lo stato del suo programma di riacquisto di azioni, autorizzato dal suo Consiglio di Amministrazione il 23 luglio 2024. L'azienda ha annunciato che durante gennaio 2025 non sono state riacquistate azioni nell'ambito del programma.
Il piano autorizzato di riacquisto delle azioni consente il riacquisto di fino a 10 milioni di azioni ordinarie, che rappresentano lo 0,87% del totale delle azioni emesse (escluse le azioni proprie), con un importo massimo di riacquisto di 35 miliardi di yen. Il periodo di riacquisto si estende dal 27 maggio 2024 al 26 maggio 2025.
Alla data del 31 gennaio 2025, il numero totale di azioni riacquistate dall'inizio del programma, avvenuto il 27 maggio 2024, rimane a zero, senza fondi spesi.
Nidec (NJDCY) ha informado sobre el estado de su programa de recompra de acciones, autorizado por su Junta Directiva el 23 de julio de 2024. La compañía anunció que durante enero de 2025 no se adquirieron acciones bajo el programa.
El plan de recompra de acciones autorizado permite la recompra de hasta 10 millones de acciones ordinarias, lo que representa el 0.87% del total de acciones emitidas (excluyendo las acciones en tesorería), con un monto máximo de recompra de 35 mil millones de yenes. El período de recompra se extiende desde el 27 de mayo de 2024 hasta el 26 de mayo de 2025.
Hasta el 31 de enero de 2025, el número total de acciones recompradas desde el inicio del programa, que comenzó el 27 de mayo de 2024, se mantiene en cero, sin fondos gastados.
Nidec (NJDCY)는 2024년 7월 23일 이사회에서 승인한 자사주 매입 프로그램의 현황을 보고했습니다. 회사는 2025년 1월 동안 프로그램에 따라 주식을 매입하지 않았다고 발표했습니다.
승인된 자사주 매입 계획은 최대 1,000만 주의 보통주를 매입할 수 있도록 허용하며, 이는 발행된 총 주식의 0.87%에 해당합니다(자사주 제외). 최대 매입 금액은 350억 엔입니다. 매입 기간은 2024년 5월 27일부터 2025년 5월 26일까지입니다.
2025년 1월 31일 현재, 2024년 5월 27일 프로그램 시작 이래로 매입된 총 주식 수는 제로이며, 지출된 자금은 없습니다.
Nidec (NJDCY) a annoncé l'état de son programme de rachat d'actions en cours, autorisé par son conseil d'administration le 23 juillet 2024. L'entreprise a annoncé que pendant janvier 2025, aucune action n'a été rachetée dans le cadre du programme.
Le plan de rachat d'actions autorisé permet le rachat de jusqu'à 10 millions d'actions ordinaires, représentant 0,87% du total des actions émises (hors actions propres), avec un montant maximal de rachat de 35 milliards de yens. La période de rachat s'étend du 27 mai 2024 au 26 mai 2025.
Au 31 janvier 2025, le nombre total d'actions rachetées depuis le début du programme, le 27 mai 2024, reste à zéro, sans fonds dépensés.
Nidec (NJDCY) hat den Stand seines laufenden Aktienrückkaufprogramms bekannt gegeben, das am 23. Juli 2024 von seinem Vorstand genehmigt wurde. Das Unternehmen gab bekannt, dass im Januar 2025 im Rahmen des Programms keine Aktien zurückgekauft wurden.
Der genehmigte Aktienrückkaufplan erlaubt den Rückkauf von bis zu 10 Millionen Stammaktien, was 0,87% der insgesamt ausgegebenen Aktien (ohne eigene Aktien) entspricht, mit einem maximalen Rückkaufbetrag von 35 Milliarden Yen. Der Rückkaufzeitraum erstreckt sich vom 27. Mai 2024 bis zum 26. Mai 2025.
Bis zum 31. Januar 2025 beträgt die Gesamtzahl der seit Beginn des Programms am 27. Mai 2024 zurückgekauften Aktien null, ohne dass Mittel ausgegeben wurden.
- Board authorized substantial 35 billion yen share repurchase program
- Buyback represents potential repurchase of 0.87% of outstanding shares
- No shares repurchased since program inception in May 2024
- Lack of execution on announced buyback program may indicate hesitancy or cash conservation
(Repurchase of own shares, pursuant to the Company’s Articles of Incorporation based on the provisions of Item 1 of Article 459 (1) of the Companies Act of
Details of Share Repurchase
- Period of own share repurchase: From January 1, 2025 through January 31, 2025
- Class of shares: Common stock
- Number of own shares repurchased: 0
-
Total repurchase amount:
0 yen
Note: The above repurchase information has been prepared on the basis of trade date.
Reference
A) Details of the share repurchase plan authorized by the Board of Directors on July 23, 2024:
- Class of shares: Common stock
-
Total number of shares that may be repurchased: Up to 10,000,000 shares
(0.87% of total number of shares issued, excluding treasury stock) -
Total repurchasable amount:
35 billion yen - Period of repurchase: From May 27, 2024 through May 26, 2025
B) Total number and yen amount of own shares repurchased from May 27, 2024 through
January 31, 2025, pursuant to the Board of Directors resolution above:
- Total number of own shares repurchased: 0
-
Total repurchase amount:
0 yen
View source version on businesswire.com: https://www.businesswire.com/news/home/20250203861797/en/
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Source: Nidec Corporation
FAQ
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