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Honda Stock Surges as Automaker Plans to Merge With Nissan in 2026
HMCHonda Motor(HMC) Investopedia·2024-12-23 13:55

Key TakeawaysU.S.-listed shares of Honda jumped Monday morning after the Japanese automaker and Nissan announced plans to merge.The sides signed a memorandum of understanding Monday, with plans to finalize details in June 2025 and merge in August 2026.The companies said it will be decided by the end of January whether Mitsubishi will be included in the merger, while Honda also announced a new stock buyback plan. Honda's (HMC) U.S.-listed shares popped Monday morning after the Japanese automaker and Nissan a ...