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Toyota Completes Share Buyback Program
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Toyota Completes Share Buyback Program

Toyota Motor Corp Ltd Ord (TM) has released an update.

Toyota Motor Corporation has announced the completion of a share repurchase program, where it bought back 4,219,900 shares for a total cost of JPY 15.18 billion between March 1 and March 22, 2024. This move is part of a larger buyback plan, authorized by the board on November 1, 2023, allowing for the repurchase of up to 60 million shares or a maximum of JPY 100 billion, to be completed by April 30, 2024. As of March 31, the company has repurchased 26,880,600 shares totaling JPY 81.04 billion under this resolution.

For further insights into TM stock, check out TipRanks’ Stock Analysis page.

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