|Bid||49.65 x 0|
|Ask||52.78 x 0|
|Day's Range||50.82 - 50.94|
|52 Week Range||47.76 - 78.28|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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KYOTO, Japan, February 01, 2023--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company" or "Nidec") announced today that, in accordance with its November 30, 2022 press release, "Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates," it has completed the acquisition of all the shares of PAMA S.p.A ("PAMA") on February 1, 2023.
KYOTO, Japan, February 01, 2023--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company") today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 24, 2023, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
Seki, once seen as a contender for the top job at Nissan, later went to motor maker Nidec, holding the role of chief executive before having to resign to take responsibility for a deterioration in the company's earnings. Seki had been recruited to Nidec from Nissan by Nidec's hard-driving founder Shigenobu Nagamori in 2020 to help Nidec become a major player in components for next-generation automobiles.