Honda Motor Company (HMC) has released an update.
Honda Motor Co., Ltd. has announced that it will buy back up to 38 million of its own shares through the Tokyo Stock Exchange’s ToSTNeT-3 system, at a set price of 1,457 yen per share, promptly at 8:45 a.m. on September 18, 2024. This repurchase is part of a larger plan, previously decided by the Board of Directors, to acquire up to 180 million shares for as much as 300 billion yen by the end of March 2025. As of September 17, the company has repurchased 96.5 million shares, totaling nearly 148 billion yen.
For further insights into HMC stock, check out TipRanks’ Stock Analysis page.
