Exclusive-Major Japanese insurers to offload $3.1 billion of Honda shares, sources say [Yahoo! Finance Canada]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
Check Earnings Report
US:NYSE Investor Relations:
world.honda.com/investors
Company Research
Source: Yahoo! Finance Canada
yen ($3.1 billion) of shares in Honda Motor , three people said, as the unwinding of cross-shareholding practices accelerates. Tokio Marine Holdings Sompo Holdings and two units of MS&AD Insurance Group will together offload shares in the automaker, said the people, who declined to be identified because the information has not been made public. Other financial institutions will also pare back their Honda stakes, bringing the total sale to around 500 billion yen based on Honda's current share price, the sources said. ADVERTISEMENT Honda is set to soon formally give the insurers the go-ahead to sell its shares, the sources said. The automaker has already announced plans to buy back up to 300 billion yen of its shares during the current financial year, a move seen as helping absorb some of the impact from the sale. Honda declined to comment on the insurers' sale, saying only that the information was not something it itself had announced. Spokespeople for Tokio Marine and M
Show less
Read more
Impact Snapshot
Event Time:
HMC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HMC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HMC alerts
High impacting Honda Motor Company, Ltd. news events
Weekly update
A roundup of the hottest topics
HMC
News
- Honda Motor Co., Ltd. (NYSE: HMC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Nissan, Honda consider partnering on software, charging infrastructure, Nikkei says [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nissan, Honda consider partnering on software, charging infrastructure, Nikkei says [Yahoo! Finance Canada]Yahoo! Finance Canada
- Shareholders Are Invited By The Schall Law Firm To Reach Out As They Investigate Allegations Against Honda Motor Co LtdAccesswire
- 2024 Acura ZDX EV built by Cadillac is the best of both brands [Yahoo! Finance]Yahoo! Finance
HMC
Sec Filings
- 7/2/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/20/24 - Form 20-F
- HMC's page on the SEC website