Honda Motor Says While Co Has Been Considering Capital Policies Including Plan To Sell About ¥500 Billion Of Shares No Decisions Have Been Made
Portfolio Pulse from Benzinga Newsdesk
Honda Motor has announced that it is considering various capital policies, including a potential plan to sell approximately ¥500 billion worth of shares. However, no final decisions have been made yet.
July 02, 2024 | 3:38 pm
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Honda Motor is contemplating a potential share sale worth about ¥500 billion, but no final decisions have been made. This could impact the stock price depending on the final decision.
The news indicates that Honda is considering a significant share sale, which could dilute existing shares and impact the stock price. However, since no final decision has been made, the immediate impact on the stock price is neutral.
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