Nidec Announces the Status of Own Share Repurchase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: Businesswire
Share Repurchase Announcement: Nidec Corporation has announced a share repurchase plan to buy back 800,300 shares of common stock for a total amount of approximately 2.11 billion yen, scheduled from February 1 to February 28, 2025.
Details of the Plan: The overall repurchase plan allows for up to 10 million shares to be repurchased over a period from May 27, 2024, to May 26, 2025, with a total budget of 35 billion yen.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
