Nidec authorizes share repurchase program
- Nidec (OTCPK:NJDCY) has authorized the repurchase of 4M shares for total repurchasable amount up to ¥50B, representing 0.68% of total number of shares issued, excluding treasury stock.
- The share repurchase plan is authorized effective January 27, 2022 through January 24, 2023.