Nidec ( (JP:6594) ) has shared an update.
Nidec Corporation announced the status of its ongoing share repurchase plan, revealing that it repurchased 2,120,000 shares of its common stock for a total of 5,657,273,300 yen between March 1 and March 31, 2025. This move is part of a larger plan authorized by the Board of Directors to repurchase up to 10,000,000 shares, indicating a strategic effort to manage its capital structure and potentially enhance shareholder value.
More about Nidec
Nidec Corporation is a Japanese company listed on the Tokyo Stock Exchange, known for its involvement in the manufacturing industry, particularly focusing on electric motors and related components.
YTD Price Performance: -6.96%
Average Trading Volume: 3,140
Technical Sentiment Signal: Strong Buy
Current Market Cap: $20.53B
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