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Nidec ( (JP:6594) ) just unveiled an announcement.
Nidec Corporation announced the completion of its share repurchase plan, initially authorized by its Board of Directors in May 2024. Despite the plan allowing for the repurchase of up to 10 million shares, the company did not repurchase any shares during the final period due to stable market prices and the possession of material non-public information, impacting the execution of the plan.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen4500.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
More about Nidec
Nidec Corporation is a prominent player in the electric motor industry, known for its production of small precision motors, automotive motors, and other related products. The company focuses on innovation and technological advancement to maintain its competitive edge in the global market.
YTD Price Performance: -4.45%
Average Trading Volume: 4,915,660
Technical Sentiment Signal: Sell
Current Market Cap: Yen3199.2B
Find detailed analytics on 6594 stock on TipRanks’ Stock Analysis page.