Nidec Announces the Status of Own Share Repurchase
Nidec (NJDCY) has provided an update on its ongoing share repurchase program. During March 2025, the company repurchased 2,120,000 shares for a total amount of 5.66 billion yen. The repurchase was executed under the plan approved by the Board of Directors on July 23, 2024, which authorizes the buyback of up to 10 million shares (0.87% of total shares issued) with a maximum repurchase amount of 35 billion yen.
The repurchase period runs from May 27, 2024, through May 26, 2025. As of March 31, 2025, the company has repurchased a total of 2,920,300 shares for 7.77 billion yen since the program's inception.
Nidec (NJDCY) ha fornito un aggiornamento sul suo programma di riacquisto di azioni. Durante marzo 2025, l'azienda ha riacquistato 2.120.000 azioni per un importo totale di 5,66 miliardi di yen. Il riacquisto è stato eseguito secondo il piano approvato dal Consiglio di Amministrazione il 23 luglio 2024, che autorizza il riacquisto di fino a 10 milioni di azioni (0,87% del totale delle azioni emesse) con un importo massimo di riacquisto di 35 miliardi di yen.
Il periodo di riacquisto va dal 27 maggio 2024 al 26 maggio 2025. Al 31 marzo 2025, l'azienda ha riacquistato un totale di 2.920.300 azioni per 7,77 miliardi di yen dall'inizio del programma.
Nidec (NJDCY) ha proporcionado una actualización sobre su programa de recompra de acciones. Durante marzo de 2025, la compañía recompró 2.120.000 acciones por un monto total de 5.66 mil millones de yenes. La recompra se llevó a cabo bajo el plan aprobado por la Junta Directiva el 23 de julio de 2024, que autoriza la recompra de hasta 10 millones de acciones (0.87% del total de acciones emitidas) 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. A partir del 31 de marzo de 2025, la compañía ha recomprado un total de 2.920.300 acciones por 7.77 mil millones de yenes desde el inicio del programa.
Nidec (NJDCY)는 자사 주식 매입 프로그램에 대한 업데이트를 제공했습니다. 2025년 3월 동안, 회사는 2,120,000주를 총 5.66억 엔에 재매입했습니다. 이 재매입은 2024년 7월 23일 이사회에서 승인된 계획에 따라 실행되었으며, 최대 1,000만 주 (발행된 총 주식의 0.87%)를 재매입할 수 있도록 허가되었고, 최대 재매입 금액은 350억 엔입니다.
재매입 기간은 2024년 5월 27일부터 2025년 5월 26일까지입니다. 2025년 3월 31일 기준으로, 회사는 프로그램 시작 이후 총 2,920,300주를 7.77억 엔에 재매입했습니다.
Nidec (NJDCY) a fourni une mise à jour sur son programme de rachat d'actions en cours. En mars 2025, la société a racheté 2.120.000 actions pour un montant total de 5,66 milliards de yens. Le rachat a été effectué dans le cadre du plan approuvé par le conseil d'administration le 23 juillet 2024, qui autorise le rachat de jusqu'à 10 millions d'actions (0,87 % du total des actions émises) avec un montant maximum de rachat de 35 milliards de yens.
La période de rachat s'étend du 27 mai 2024 au 26 mai 2025. Au 31 mars 2025, la société a racheté un total de 2.920.300 actions pour 7,77 milliards de yens depuis le début du programme.
Nidec (NJDCY) hat ein Update zu seinem laufenden Aktienrückkaufprogramm bereitgestellt. Im März 2025 hat das Unternehmen 2.120.000 Aktien für einen Gesamtbetrag von 5,66 Milliarden Yen zurückgekauft. Der Rückkauf wurde gemäß dem am 23. Juli 2024 vom Vorstand genehmigten Plan durchgeführt, der den Rückkauf von bis zu 10 Millionen Aktien (0,87% der insgesamt ausgegebenen Aktien) mit einem maximalen Rückkaufbetrag von 35 Milliarden Yen autorisiert.
Der Rückkaufzeitraum läuft vom 27. Mai 2024 bis zum 26. Mai 2025. Zum 31. März 2025 hat das Unternehmen insgesamt 2.920.300 Aktien für 7,77 Milliarden Yen seit Beginn des Programms zurückgekauft.
- Share buyback program demonstrates confidence in company's value and commitment to shareholder returns
- 22.2% of authorized buyback amount (7.77B out of 35B yen) already executed
- 29.2% of targeted shares (2.92M out of 10M shares) already repurchased
- Share repurchases reduce cash reserves available for operations and investments
(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 March 1, 2025 through March 31, 2025
- Class of shares: Common stock
- Number of own shares repurchased: 2,120,000 shares
-
Total repurchase amount:
5,657,273,300 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 March 31, 2025, pursuant to the Board of Directors resolution above:
- Total number of own shares repurchased: 2,920,300 shares
-
Total repurchase amount:
7,772,086,250 yen
View source version on businesswire.com: https://www.businesswire.com/news/home/20250331077552/en/
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Source: Nidec Corporation
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