Honda Motor Company (HMC) has released an update.
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Honda Motor Co., Ltd. has announced the acquisition of 55.19 million shares of its own common stock, amounting to approximately 84 billion yen, as part of a share buyback program. The buyback took place from August 1 to August 31, 2024, following a Board of Directors’ resolution on May 10, 2024, which allows for purchasing up to 180 million shares (3.7% of total issued shares) for as much as 300 billion yen by March 31, 2025.
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