Nidec Confirms Approval of Share Buyback Scheme by the Board of Directors
Nidec Corporation, a leading global motor manufacturer, has announced a share repurchase plan, authorised by its Board of Directors, effective from May 27, 2025. The plan aims to enhance shareholder value by buying back shares in the open market.
Details of the Share Repurchase Plan --------------------------------------
The repurchase program is set for a one-year period, from May 28, 2025, to May 27, 2026. The repurchase will be conducted in the open market, and the goal of the share repurchase is to achieve a total return ratio of 50%. The total repurchasable amount is 35 billion yen, and the repurchased shares will be common stock. It is important to note that the plan excludes treasury stock.
Optimising Capital Structure and Augmenting Shareholder Returns ----------------------------------------------------------------
This share buyback plan is part of Nidec's broader capital allocation strategy to optimise its capital structure and augment shareholder returns. The repurchase is expected to improve earnings per share and return capital to shareholders.
Forward-Looking Statements --------------------------
The information in this press release contains forward-looking statements about the Company's future performance and events. Factors that may cause differences include available funds, future alternative uses for cash, future competing investment opportunities, and general economic, business, and market conditions. These forward-looking statements involve risks and uncertainties, and actual results may differ materially from those described.
The Company does not intend to update these forward-looking statements except as required by law.
Strategic Move to Strengthen Shareholder Value ----------------------------------------------
Nidec Corporation's share buyback plan was disclosed in a Business Wire press release on May 27, 2025, confirming the initiation of the share buyback plan as a key strategic move by Nidec to strengthen shareholder value.
Contact Information -------------------
For further information, please contact Teruaki Urago, the General Manager of Investor Relations at Nidec Corporation, who can be reached at 81-75-935-6140 or via email at [email protected].
[1] Business Wire press release:
- The cloud of uncertainty surrounding Nidec Corporation's financial future may clear with the announcement of their share repurchase plan, as they aim to boost performance and return capital to shareholders, with a target total return ratio of 50%.
- In the realm of business news, Nidec Corporation's decision to repurchase shares worth 35 billion yen, a move expected to augment shareholder returns and improve finance-related metrics, is being closely watched by market observers.
