Minebea Mitsumi : Notice regarding the Repurchase Status of Own Shares
December 03, 2018 at 01:07 am EST
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Dec.3, 2018
MINEBEA MITSUMI Inc.
MINEBEA MITSUMI Inc. hereby announces the repurchase status of its own shares pursuant to Section 1 of Article 459 of the Company Law, as resolved on November 20, 2018 at the Board Meeting.
1. Type of shares repurchased:
Shares of common stock of MINEBEA MITSUMI Inc.
2. Aggregate number of shares repurchased:
1,913,700 shares
3. Aggregate amount of repurchase:
3,357,905,455 yen
4. Period of repurchase:
From November 21, 2018 to November 30, 2018
(Reference)
1. Details of the resolution on the repurchase of own shares at the Board Meeting on November 20, 2018
(1) Type of shares to be repurchased:
Shares of common stock of MINEBEA MITSUMI Inc.
(2) Aggregate number of shares to be repurchased:
Up to a maximum of 6.3 million shares
(Ratio of aggregate number of shares to be repurchased to number of shares outstanding (excluding treasury shares): 1.49%)
(3) Aggregate amount of repurchase:
Up to a maximum of 11,655 million yen
(4) Period of repurchase:
From November 21, 2018 to December 20, 2018
2. Cumulative total of own shares repurchased in accordance with the above resolution
Takayuki Ishikawa
General Manager
Corporate Communications Office
Phone:
+81-(0)3-6758-6703
Information in the press releases is current on the date of the announcement.
Product information, contact and other context are subject to change without prior notice.
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Minebea Mitsumi Inc. published this content on 03 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 December 2018 06:06:01 UTC
MinebeaMitsumi Inc. is one of the world's leaders of design, manufacturing and marketing of high precision equipments and components for telecommunications, aviation, automotive industry and electronic sectors. Net sales break down by family of products as follows:
- semiconductors, optical devices, mechanical and electrical components (38.2%);
- electronic devices and components (33%): lighting devices for LCD screens, hard disk drives, special devices, etc.;
- machined components (15.8%) : ball bearings, pivots, spherical bearings, fasteners, couplers, magnetic brakes, etc.;
- automotive, industrial machinery and building components (12.9%);
- other (0.1%).