Suzuki bought back their shares from Volkswagen amounting to 19.9%

Suzuki bought back their shares from Volkswagen amounting to 19.9% - Suzuki Motor Corp. said they will buy back 19.9 percent of shares previously owned by Volkswagen AG's worth of 460.28 billion yen ($ 3.82 billion), end the cooperation deteriorated after it was formed.

Suzuki, which is the fourth largest automaker in Japan said that they bought 119 787 million shares at price of 3,842.50 yen per share after the end of trading hours on Thursday.

Suzuki also said in a statement that they saw no need to revise their earnings estimates for the current for the current business year to March next year.