TOKYO, July 1 (Reuters) - Suzuki Motor Corp. , Japan's biggest maker of minivehicles, said on Thursday it would buy back up to 2 million of its own shares for 3.9 billion yen ($35.85 million) between July 1 and 29 to raise their liquidity. The planned purchase, equal to 0.4 percent of its outstanding stocks of 543 million shares, will be made via the Tokyo Stock Exchange's online trading system, Suzuki said in a statement. Many Japanese firms buy their own shares to make them more ...
Premium Content (PAID Subscription Required)
"Suzuki to buy back up to 0.4 pct of its 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!
Current subscribers, please login or CLICK for support information.