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NSK Ltd (6471.T)

6471.T on Tokyo Stock Exchange

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Mon, Aug 15 2016

BRIEF-NSK Ltd plans to realize 14 bln Yen in annual savings by FY 2018 - Nikkei

* NSK Ltd plans to realize 14 bln yen in annual savings by fiscal 2018 via rationalizing production in its industrial machinery segment - Nikkei

BRIEF-NSK announces settlement with part of plaintiffs for U.S. class lawsuit

* Says the company agreed to pay $34.5 million to part of the plaintiffs who are indirect purchasers of the co's products

BRIEF-NSK completes repurchase of 14.5 mln shares for 15 bln yen

* Says it completed repurchase of 14.5 million shares for 15 billion yen on May 19

BRIEF-NSK to repurchase 14.5 mln shares

* Says it will repurchase 14.5 million shares of its common stock on May 19

REFILE-TABLE-NSK -2015/16 group results

(Adds sales forecast and operating profit forecast) May 11 (Reuters)- NSK Ltd CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) Year ended Year ended Year to NEXT Mar 31, 2016 Mar 31, 2015 Mar 31, 2017 YEAR LATEST YEAR-AGO COMPANY COMPANY RESULTS RESULTS FORECAST H1 FORECAST Sales 975.32 974.89 920.00 450.00

BRIEF-NSK to buy back 16 mln shares for 15 bln yen

* Says it to buy back up to 16 million treasury shares (3 percent stake), for up to 15 billion yen

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