Nidec Board Authorizes Share Repurchase Plan
2021-01-26
Nidec Corporation(TSE: 6594; OTC US: NJDCY)(the “Company”) announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 25, 2021, whereby the Company may repurchase up to four million shares in accordance with the Article of Incorporation pursuant to Article 459,Paragraph 1, Item 1 of the Company Law of Japan.
