Nidec Corporation announces stock split, adjusts share repurchase program, and revises dividend projection for fiscal year 2025.
Nidec Corporation announced a stock split, modifying its share repurchase program, and revised the dividend projection for fiscal year ending March 31, 2025. The company aims to enhance its common stock liquidity and investor base by reducing the trading price per share. Additionally, it revised its IFRS-based consolidated fiscal first-half financial forecasts, raising net sales by 14.0% to 1,300 million yen.
July 23, 2024
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