MINEBEAMITSUMI INC. MINEBEA MITSUMI Inc. (TSE:6479) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 common shares, representing 0.98% of its issued share capital, for ¥10,000 million. The purpose of the plan is to improve return on shareholders and improve capital efficiency and to implement agile capital policy according to the business environment.
The plan will be valid up to December 22, 2023. As of June 30, 2023, the company had 408,380,960 shares issued (excluding treasury stock) and 18,699,646 shares in its treasury.
