A plan to buy shares of $ 7 billion at the "Honda" arrow 17%

The share of “Honda Motor” jumped by more than 17%and achieved its biggest profits since August, after the car manufacturer said it would buy shares worth 1.1 trillion yen ($ 7 billion) by next December before considering a transaction that is considered a acquisition of her upset colleague “Nissan car”. ‘Honda’ said in a press release on Monday that it will play 24% of its existing shares between 6 and 23 December next year. On the same day, the two companies announced an initial agreement to establish a joint holding company that will include its shares in August 2026. The process of buying shares is seen as an attempt to calm the fear of Honda shareholders about the likely negative impact of an alliance with ‘Nissan’ on the company. The share “Honda” was the best performance on the “Nikai 225” index to 11 o’clock Tokyo time and the biggest contributor to the “Topix” ​​index. ‘Honda’ focuses on improving the capital structure. ‘The big re -purchase plan shows that’ Honda ‘is trying to alleviate the impact of its merger with’ Nissan ‘for shareholders, according to Julie Pot, an analyst at Pelham Smights in the UK, in a report. The “Honda” share fell 3% after announcing the possible collaboration between the two companies on December 18 amid the fear that it will have to save “Nissan”. Tatsu Yoshida, the first analyst at Bloomberg Intertgency, said that the recruitment of shares is a sign that “Honda” is very focused on improving its capital structure and the share price, “adds that the sudden amount of the purchased plan is huge. Honda can look forward to the re -power of this larger to achieve with “Nissan”, so influence the standard of the standard of the standard of struggle to achieve the struggle. Announcement of the Reclay Plan on Monday will not take long with the risks proposed by the signature of an agreement with Nissan. “I don’t know how Honda decided to do this, before” Nissan “announced the details of her plan to restructure … The shares of” Nissan “fell by up to 7% today, but they settled in Tokyo at about 11:30. of the “Nissan” to restructure.