Toyota to buy back up to 5.18% of shares worth 1.3 trillion yen
TM•Toyota plans to buy back up to 5.18% of its shares for 1.3 trillion yen, up from the previously planned 1 trillion yen. It will retire 1.2 billion treasury shares, equivalent to 8.22% of outstanding shares, on November 5.
1. Share buyback and retirement
Toyota plans to buy back up to 5.18% of its shares for 1.3 trillion yen, compared with a previous plan of up to 1 trillion yen. The company will retire 1.2 billion treasury shares, equivalent to 8.22% of outstanding shares, on November 5.
