Honda to buy back up to $224 mln of own shares


TOKYO, Jan 28 (Reuters) - Honda Motor Co. , Japan's third-biggest auto maker, said on Friday it would buy back up to 23 billion yen ($223.7 million) of its own shares. It said it would buy back up to 5.75 million shares, or 0.61 percent of those outstanding, between Feb. 3 and April 14. Honda also said it would cancel 11 million of its own shares, or 1.17 percent of those outstanding, on Feb. 2, leaving a little over 928.41 million on the market. ($1=102.80 yen)

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