Suzuki to launch $664m secondary share offering

Suzuki Motor Corporation (TSE:7269) announced plans to launch a secondary share offering of 95,709,000 shares of its common stock, potentially raising approximately JPY664 billion (approximately USD 4.24 billion). The offering, resolved by the board on April 7, 2025, aims to provide shareholders a smooth exit and restructure the company’s investor base. The offering aligns with the unwinding of cross-shareholdings and allows Suzuki to proactively reshape its shareholder composition.