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Nidec Announces Outlines of Planned Stock Split, Amendment to Articles of Incorporation, and Modification to Share Repurchase Program - Seite 3
(1) | The Company’s Paid-in Capital |
The planned stock split will not result in any change in the Company’s paid-in capital. | |
(2) | Dividend Target |
The planned stock split will not result in any change to the Company’s current dividend target for the fiscal year ending March 31, 2020, which the Company announced on January 23, 2020, revising the year-end dividend target to ¥60.00 per share. |
Cautionary Statement Concerning Forward-Looking Information
This press release contains forward-looking statements regarding the Company’s current intent, plans, expectations, targets and estimates. Such forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Actual results may differ materially from those described in such forward-looking statements as a result of various factors, including, but not limited to, the Company’s ability to obtain any necessary approval from regulatory bodies, including securities exchanges, as planned, changes in general economic conditions and business and regulatory environments, and available funds. The Company assumes no obligation to, and does not intend to, update these forward-looking statements, except as required by law.
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Contact:
Masahiro Nagayasu
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com