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Nidec authorizes share buyback program (NJDCY:Pink Limited Info)

  • Nidec (OTCPK:NJDCY) said its board has authorized a new share repurchase plan, under which the firm may buy back up to 13 million shares.
  • The firm added the total repurchasable amount will be 35 billion yen and the period of the buyback will be from May 28 through May 27, 2026.
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