Nidec Corp. Reports Status Of Own Share Repurchase

(RTTNews) - Nidec Corp. (NJ) announced the status of its own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on March 8, 2014.

The company said the period of repurchase was from November 1, 2014 through November 30, 2014, class of shares were common stock and number of own shares repurchased were 0 with total repurchase amount of 0 yen.

The details that were resolved by the company's Board of Directors on January 22, 2014 and March 8, 2014 showed Class of shares: Common stock, total number of shares to be repurchased: Up to 4,000,000 shares (1.45% of total number of shares issued, excluding treasury stock), total repurchase amount: Up to 24 billion yen and the period of repurchase was from January 27, 2014 through January 26, 2015.