Honda Motor Company ( (HMC) ) has issued an announcement.
On March 4, 2025, Honda Motor Co., Ltd. announced the status of its share buyback program, which had been in effect from February 1 to February 28, 2025. During this period, the company acquired 108,303,100 shares of common stock at a total cost of 153,950,570,166 yen. This move is part of a broader strategy approved by the Board of Directors on December 23, 2024, to purchase up to 1,100,000,000 shares by the end of 2025, aiming to enhance shareholder value and optimize capital structure.
More about Honda Motor Company
Honda Motor Co., Ltd. is a prominent player in the automotive industry, known for manufacturing automobiles, motorcycles, and power equipment. The company focuses on innovation and sustainability, catering to a global market with a diverse range of products.
YTD Price Performance: -2.25%
Average Trading Volume: 1,570,324
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $44.66B
See more insights into HMC stock on TipRanks’ Stock Analysis page.