Honda decides to suspend share buybacks after quake

Newswire

TOKYO, May 30 (Reuters) - Honda Motor said on Monday it has decided to suspend share buybacks temporarily to preserve funds after the March 11 earthquake and tsunami. The automaker has said it is aiming for an annual shareholder return of about 30 percent, and its planned dividend of 54 yen per share and share buybacks done last year would bring the return to a little over 20 percent for the year ended in March. The firm had been expected to carry out additional share repurchases to meet ...

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