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

Newswire

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)

Premium Content (PAID Subscription Required)

"Honda to buy back up to $224 mln of own shares" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×