Nidec authorizes share repurchase program

Jan. 26, 2022 5:55 AM ETNidec Corporation (NJDCY)By: Meghavi Singh, SA News Editor
  • 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.

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