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Nidec ( (JP:6594) ) just unveiled an announcement.
Nidec Corporation has announced a new share repurchase plan authorized by its Board of Directors, allowing the company to buy back up to 13 million shares. This move is aimed at enhancing shareholder returns and managing the company’s capital structure, reflecting Nidec’s strategic focus on balancing growth investments with shareholder value.
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 operates in the manufacturing industry, primarily focusing on the production of electric motors and related components. The company is known for its innovative solutions and has a significant market presence in the global electronics and automotive sectors.
Average Trading Volume: 4,925,382
Technical Sentiment Signal: Sell
Current Market Cap: Yen3199.2B
See more data about 6594 stock on TipRanks’ Stock Analysis page.