Nidec Announces the Status of Own Share Repurchase
Nidec (NJDCY) has reported the status of its ongoing share repurchase program, which was authorized by its Board of Directors on July 23, 2024. The company has announced that no shares were repurchased during the period from December 1, 2024, through December 31, 2024.
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 December 31, 2024, no shares have been repurchased under this program since its inception on May 27, 2024.
Nidec (NJDCY) ha comunicato lo stato del suo programma di riacquisto di azioni in corso, autorizzato dal Consiglio di Amministrazione il 23 luglio 2024. L'azienda ha annunciato che nessuna azione è stata riacquistata nel periodo dal 1 dicembre 2024 al 31 dicembre 2024.
Il piano di riacquisto di azioni autorizzato prevede il riacquisto di fino a 10 milioni di azioni comuni, che rappresentano lo 0,87% del totale delle azioni emesse (escludendo 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. Al 31 dicembre 2024, nessuna azione è stata riacquistata nell'ambito di questo programma da quando è iniziato il 27 maggio 2024.
Nidec (NJDCY) ha informado sobre el estado de su programa de recompra de acciones en curso, que fue autorizado por su Junta Directiva el 23 de julio de 2024. La empresa ha Anunciado que no se compraron acciones durante el período del 1 de diciembre de 2024 al 31 de diciembre de 2024.
El plan de recompra de acciones autorizado permite la recompra de hasta 10 millones de acciones ordinarias, que representan el 0,87% del total de acciones emitidas (excluyendo las acciones en tesorería), con un importe máximo de recompra de 35 mil millones de yenes. El período de recompra se extiende del 27 de mayo de 2024 al 26 de mayo de 2025. Al 31 de diciembre de 2024, no se ha recomprado ninguna acción bajo este programa desde su inicio el 27 de mayo de 2024.
Nidec (NJDCY)는 2024년 7월 23일 이사회의 승인을 받은 지속 중인 자사주 매입 프로그램의 상태를 보고했습니다. 회사는 2024년 12월 1일부터 2024년 12월 31일 사이에 매입된 주식이 없다고 발표했습니다.
승인된 자사주 매입 계획은 최대 1천만 주의 보통주 매입을 허용하며, 이는 발행된 전체 주식의 0.87%에 해당하고 (자사주 제외), 최대 매입 금액은 350억 엔입니다. 매입 기간은 2024년 5월 27일부터 2025년 5월 26일까지입니다. 2024년 12월 31일 현재, 2024년 5월 27일 프로그램 시작 이후로 이 프로그램에서 주식이 매입되지 않았습니다.
Nidec (NJDCY) a rapporté l'état de son programme de rachat d'actions en cours, qui a été autorisé par son Conseil d'Administration le 23 juillet 2024. La société a annoncé qu'aucune action n'a été rachetée pendant la période du 1er décembre 2024 au 31 décembre 2024.
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 maximum de rachat de 35 milliards de yens. La période de rachat s'étend du 27 mai 2024 au 26 mai 2025. Au 31 décembre 2024, aucune action n'a été rachetée dans le cadre de ce programme depuis son lancement le 27 mai 2024.
Nidec (NJDCY) hat den Status seines laufenden Aktienrückkaufprogramms bekannt gegeben, das am 23. Juli 2024 von seinem Vorstand genehmigt wurde. Das Unternehmen hat angekündigt, dass in der Zeit vom 1. Dezember 2024 bis zum 31. Dezember 2024 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. Zum 31. Dezember 2024 wurden im Rahmen dieses Programms seit seiner Einführung am 27. Mai 2024 keine Aktien zurückgekauft.
- Board authorization for significant share buyback of up to 35 billion yen
- Potential repurchase of up to 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 timing concerns
(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 December 1, 2024 through December 31, 2024
- 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 December 31, 2024, 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/20250105634430/en/
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Source: Nidec Corporation
FAQ
What is the total value of Nidec's (NJDCY) share repurchase program announced in July 2024?
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How many shares has Nidec (NJDCY) repurchased under the current program as of December 2024?
