Suzuki to buy back up to 0.4 pct of its own shares

Newswire

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 ...

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