MINEBEA MITSUMI Inc.
Notice regarding Repurchase of Own Shares
(Repurchase of Own Shares pursuant to Section 2 of Article 165 of the Company Law)
MINEBEA MITSUMI Inc. hereby announces that its Board of Directors has resolved at a meeting held on February 13, 2017 to repurchase its own shares pursuant to Article 156 of the Company Law in accordance with Section 3 of Article 165 of the Law.
1. Reason for Repurchase
In order to reduce the dilution of our shares resulting from a share exchange related to the business integration with MITSUMI ELECTRIC CO., LTD.
2. Details of Repurchase
|(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 12 million shares
(Ratio of aggregate number of shares to be repurchased to number of shares outstanding (excluding treasury shares): 2.82%)
|(3) Aggregate amount of repurchase:||Up to a maximum of 15 billion yen|
|(4) Period of repurchase:||From February 14, 2017 to September 22, 2017|
|Number of shares outstanding (excluding treasury shares):||426,084,531 shares|
|Number of treasury shares:||996,075 shares|
|Company Name:||MINEBEA MITSUMI Inc.|
President and Chief Executive Officer
(Code No. 6479, TSE Div. No.1)
Corporate Communications Office
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