Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews

Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews 0

Unknown | 7:37 AM
Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews
Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews

TOKYO (Dow Jones)--Pioneer Corp. (6773.TO) said Tuesday that Honda Motor Co. (7267.TO) has completed payment of around Y2.50 billion for new shares in the electronics company.

Pioneer issued 14.7 million new shares to Honda for Y170 per share. The company said it plans to use the capital to develop new in-vehicle electronics products.

With a 4.5% stake, Honda is now one of the leading shareholders in Pioneer. Sharp Corp. (6753.TO), which holds 9.19%, is the company's largest shareholder.

Pioneer originally announced the share issue plan in April 2009, but postponed it a number of times as it said it wanted to give other potential investors the same offer terms as Honda.

Source;
http://online.wsj.com/article/BT-CO-20100323-700837.html?mod=WSJ_latestheadlines

  • 2013 Honda Car Reviews, Car Pictures and Prices, Honda New + Used Car Reviews, New Honda Cars : HONDA CRV, Honda Brio, Honda Amaze, Honda City, Honda Odyssey, Honda Accord, Honda Assure, Honda Auto Terrace, Honda Customer Jazz, honda crv, honda cr v used, honda crv reviews, honda crv price, honda cr v mpg, honda crv 2013, honda crv for sale, honda crv lease, honda crv gas mileage, honda crv accessories, honda cr v awd, honda crv awd system, honda crv air filter, honda crv all weather floor mats, honda cr v awd review
  • You're reading the article about

    Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews

    You can bookmark this page with URL https://hondacarscoop.blogspot.com/2010/03/honda-cars-pioneer-honda-motor.html. You can copy paste if this article "Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews" is useful for you or your friends, but don't forget to give the link Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews as source. Thanks!

    , , , , , , ,

    0 Responses So Far:

    Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews

    Please Share Your Opinion About Honda Cars : Pioneer: Honda Motor Completed Payment For New Share Buy | 2013 New Honda Car Reviews