MINEBEAMITSUMI INC. MINEBEA MITSUMI Inc. (TSE:6479) announces a share repurchase program. Under the program, the company will repurchase up to 4,500,000 common shares, representing 1.09% of its issued and outstanding shares, for total worth of ¥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 June 23, 2023. As of December 31, 2022, the company had 412,683,760 shares issued and 14,396,846 shares in its treasury.
