Honda Shares Going on Sale
Submitted by Bill Belew on Tuesday, 20 February 2007No Comment
Do you believe in Honda? Fuel efficiency…fuel-cell…next generation diesel engines?
Tokyo will sell off 37.55 million shares that the government holds in Honda this week.
The 37.55 million shares is only 2% of Honda's outstanding shares. Presently they are going for about 4000 yen a share. Tokyo will offer theirs at 90-100% of the stock's closing prices in the period 3/1-3/6.
So, for 176 billion yen you can own 2% of Honda. Buy them now and you can give them to a friend who has everything for Christmas.
Honda wants more individual shareholders…that way there will be less people telling them what they can and can't do.
Toyota has 360,000 individual stockholders, Nissan - 200,000 and Honda, 117,576.
Are you interested in investing in Honda?
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