Honda Motor Files 6-K on Share Buyback Status
Ticker: HNDAF · Form: 6-K · Filed: Apr 2, 2024 · CIK: 715153
| Field | Detail |
|---|---|
| Company | Honda Motor CO LTD (HNDAF) |
| Form Type | 6-K |
| Filed Date | Apr 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, 6-K, disclosure
TL;DR
Honda Motor filed a 6-K about its share buyback program.
AI Summary
Honda Motor Co., Ltd. filed a Form 6-K on April 2, 2024, to report on the status of its acquisition of the company's own shares. The filing is a standard report for foreign private issuers and does not contain specific details on the number of shares acquired or the total value of the transactions within this document.
Why It Matters
This filing indicates ongoing activity related to Honda's share repurchase program, which can signal management's confidence in the company's valuation and potentially impact share price.
Risk Assessment
Risk Level: low — This is a routine disclosure filing regarding share buybacks and does not contain new financial or operational risks.
Key Players & Entities
- HONDA MOTOR CO LTD (company) — Filer of the report
- HONDA GIKEN KOGYO KABUSHIKI KAISHA (company) — Registrant's name in Japanese
- April 2, 2024 (date) — Filing date
FAQ
What is the purpose of this Form 6-K filing?
The purpose of this Form 6-K is to report on the status of Honda Motor Co., Ltd.'s acquisition of its own shares.
What is the filing date of this report?
This report was filed on April 2, 2024.
Is Honda Motor Co., Ltd. a foreign private issuer?
Yes, the filing indicates that Honda Motor Co., Ltd. is a foreign private issuer submitting the report pursuant to Rule 13a-16 or 15d-16.
Does this filing contain details about the number of shares repurchased?
This specific filing (Exhibit 1) is titled 'Notice Concerning Status of Acquisition of the Company’s Own Shares' but the provided text does not detail the specific number of shares or dollar amounts involved in the buyback.
What is Honda's fiscal year end?
Honda's fiscal year ends on March 31.
Filing Stats: 531 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-04-02 06:03:58
Filing Documents
- d814543d6k.htm (6-K) — 19KB
- 0001193125-24-084011.txt ( ) — 20KB
From the Filing
Form 6-K No.1-7628 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF APRIL 2024 COMMISSION FILE NUMBER: 1-07628 HONDA GIKEN KOGYO KABUSHIKI KAISHA (Name of registrant) HONDA MOTOR CO., LTD. (Translation of registrants name into English) 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo 107-8556, Japan (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Contents Exhibit 1: Notice Concerning Status of Acquisition of the Companys Own Shares (Acquisition of the Companys own shares pursuant to the Articles of Incorporation of the Company in accordance with Article 459, Paragraph 1 of the Company Law) Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. HONDA GIKEN KOGYO KABUSHIKI KAISHA ( HONDA MOTOR CO., LTD. ) /s/ Sumihiro Takahashi Sumihiro Takahashi General Manager Finance Division Honda Motor Co., Ltd. Date: April 2, 2024 [Translation] April 2, 2024 To: Shareholders of Honda Motor Co., Ltd. From: Honda Motor Co., Ltd. 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, 107-8556 Toshihiro Mibe Director, President and Representative Executive Officer Notice Concerning Status of Acquisition of the Companys Own Shares (Acquisition of the Companys own shares pursuant to the Articles of Incorporation of the Company in accordance with Article 459, Paragraph 1 of the Company Law) Honda Motor Co., Ltd. (the Company) announces status of acquisition of its own shares pursuant to Article 459, Paragraph 1 of the Company Law and Article 36 of the Companys Articles of Incorporation, which was announced on February 8, 2024, as follows. Particulars 1. Class of shares acquired: Shares of common stock 2. Total number of shares acquired: 20,889,800 shares 3. Total amount of shares acquired: 37,498,610,350 yen 4. Period of acquisition: Started on March 1, 2024 and ended on March 31, 2024 (based on a contract date) Reference: Details of the resolution at the meeting of the Board of Directors held on February 8, 2024 (1) Class of shares to be acquired: Shares of common stock (2) Total number of shares to be acquired: Up to 34,000,000 shares (0.7 % of the total number of issued shares (excluding treasury stock)) (3) Total amount of shares to be acquired: Up to 50 billion yen (4) Period of acquisition: Starting on March 1, 2024 and ending on April 30, 2024 (5) Method of acquisition: Market purchases on the Tokyo Stock Exchange 1. Purchases through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) 2. Market purchases based on a discretionary trading contract regarding acquisition of own shares Progress as of March 31, 2024 (1) Total number of shares acquired: 20,889,800 shares (2) Total amount of shares acquired: 37,498,610,350 yen