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Nidec ( (JP:6594) ) has provided an announcement.
Nidec Corporation announced that during the period from June 1 to June 30, 2025, it did not repurchase any of its own shares under the ongoing share repurchase plan. The plan, authorized by the Board of Directors, allows for the repurchase of up to 13 million shares, but no shares were bought back during this period. This indicates a cautious approach in executing the buyback strategy, potentially reflecting market conditions or strategic financial management considerations.
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 electronics industry, specializing in the manufacturing of electric motors and related components. The company focuses on providing innovative solutions across various sectors, including automotive, industrial, and consumer electronics, aiming to enhance efficiency and performance in its products.
Average Trading Volume: 4,898,150
Technical Sentiment Signal: Sell
Current Market Cap: Yen3282.5B
Learn more about 6594 stock on TipRanks’ Stock Analysis page.