2018

Nov.20, 2018

image:FASF

MINEBEA MITSUMI Inc.

Notice regarding Repurchase of Own Shares
(Repurchase of Own Shares pursuant to Section 1 of Article 459 of the Company Law)

MINEBEA MITSUMI Inc. hereby announces that its Board of Directors has resolved at a meeting held on November 20, 2018 to repurchase its own shares pursuant to Section 1 of Article 459 of the Company Law.

1. Reason for Repurchase

In order to improve return on shareholders and improve capital efficiency and to implement agile capital policy according to the business environment.

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 6.3 million shares
(Ratio of aggregate number of shares to be repurchased to number of shares outstanding (excluding own shares): 1.49%)
(3) Aggregate amount of repurchase: Up to a maximum of 11 billion 655 million yen
(4) Period of repurchase: From November 21, 2018 to December 20, 2018
(Reference) Situation of own shares as of October 31, 2018:
Number of shares outstanding (excluding own shares): 421,432,396 shares
Number of own shares: 5,648,210 shares
Company Name: MINEBEA MITSUMI Inc.
Representative: Yoshihisa Kainuma
Representative Director,
CEO & COO
(Code No. 6479, TSE Div. No. 1)
Contact: 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.

Back to Press Release List

Go back to top of this page

Follow Us

Twitter Youtube