(6268:Tokyo Stock Exchange)
Transactions by NABTESCO CORP (6268) in the last 6 months
Nabtesco Corporation (TSE:6268) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.14% of its share capital, for up to ¥10,000 million. The purpose of the repurchase program is to generate profits by increasing share value per share and to enhance capital efficiency. The plan will expire on December 25, 2015. The shares repurchased will be retired on December 28, 2015. As of April 30, 2015, the ...
Nabtesco Corporation (TSE:6268) concluded a share transfer contract to acquire Hyest Corp. from Toshiba Machine Co. Ltd. (TSE:6104) on March 3, 2015. Under the terms of the deal, 0.02 million shares will be acquired. For the period ended March 2014, Hyest Corp. had sales of ¥6.8 billion. The transaction was resolved by Board of Directors of Toshiba Machine on March 3, 2015. The expected share transfer date is April 1, 2015.
Nabtesco Corporation (TSE:6268) acquired remaining 47.5% stake in Changzhou Nabtesco Kusaka Precision Machinery Co., Ltd. from Kusaka Co.,Ltd. on February 19, 2015. After the transaction, Changzhou Nabtesco Kusaka Precision Machinery became a wholly owned subsidiary of Nabtesco Corporation. The name of Changzhou Nabtesco Kusaka Precision Machinery was changed to "Changzhou Nabtesco Precision Machinery Co., Ltd." The transaction has no impact on the performance of Nabtesco ...
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