TOKYO -- Shares of Honda Motor jumped Tuesday on a $7 billion share buyback program announced as the Japanese carmaker engages in merger talks with Nissan Motor.
Auto giant is working to eliminate financial concerns, says fund manager

Honda President Toshihiro Mibe says Honda's financial foundation will remain strong even after its 1.1 trillion yen ($7 billion) buyback. (Photo by Mizuho Miyazaki)
TOKYO -- Shares of Honda Motor jumped Tuesday on a $7 billion share buyback program announced as the Japanese carmaker engages in merger talks with Nissan Motor.