Honda Shares Surged Following The Nissan Merger Announcement

Honda and Nissan said on Monday that they are starting merger talks.Josh Lefkowitz via Getty ImagesHonda's shares soared by as much as 17% when local markets opened on Tuesday.The automaker said on Monday that it was starting merger discussions with struggling rival Nissan.Honda also announced a $7 billion stock buyback program.Honda's shares soared after the company said it was in talks to merge with rival automaker Nissan.Honda's stock went up as much as 17% when local markets opened on Tuesday, a day after it announced that it had begun discussions with Nissan.

BING NEWS:
  • Honda’s lower margins in Automotive Business pose risks in Honda-Nissan deal: Moody’s
    The potential merger is a probable strategy against the company's ... Honda shares rose 17 per cent on Tuesday, while Nissan's shares had a flat response. Earlier, Nissan's shares surged 24 per cent ...
    12/23/2024 - 8:09 pm | View Link
  • Honda shares surged following the Nissan merger announcement
    Honda's shares went up by as much 17% when local markets opened on Tuesday.
    12/23/2024 - 5:21 pm | View Link
  • Honda Shares Jump After Announcing Plans of $7 Billion Buyback, Merger With Nissan
    Honda Motor shares surged after the company announced plans to merge with Nissan Motor in 2026 and to conduct a $7 billion share buyback next year. Shares of Honda were recently up 17%, trading at ...
    12/23/2024 - 12:55 pm | View Link
  • Nissan and Honda to attempt a merger that would create the world’s No. 3 automaker
    TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes ...
    12/23/2024 - 12:22 pm | View Link
  • Honda shares rally, Nissan slides on merger announcement
    Honda shares surged as much as 14%, also benefiting from the announcement of a 1.1 trillion yen ($7 billion) stock buyback. On the other hand, Nissan shares fell as much as 7%.
    12/23/2024 - 12:08 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News