Buyback Bonanza: 3 Auto Stocks That Really Believe in Themselves

With the company flush with profits, it plans to buy back 3.7% of its shares, spending 300 billion yen ($1.92 billion) in the process, the most it's ever doled out on share repurchases. It's always a good sign when an auto company buys back stock, generally meaning that its shares are so cheap it can't say no to buying its shares. In the case of Honda, its shares have gained just 30% over the past five years despite generating significant profits. Here are three other auto stocks buying back stock to expres ...