Honda Motor (NYSE:HMC) has exceeded expectations in fiscal 2022 net sales guidance and plans to repurchase 70 billion yen of shares
Honda Motor (NYSE:HMC) came after the Japanese automaker reported fiscal year net sales guidance that beat analysts’ average expectations, with the company expecting fiscal year net sales of 17.25 trillion yen and the market expecting 17.07 trillion yen. In addition, Honda will buy back up to 1.5% of its shares.