Toyota announces new share buyback program
(Source: baha news)
Toyota Motor Corporation announced on Wednesday that it was planning to repurchase up to 80 million of its own shares for up to 100 billion yen (around $830 million), amounting to 0.58% of total registered capital.
The share buyback is scheduled to begin on March 24 and end on May 10. Toyota noted that it will be repurchasing its nominal shares with more flexibility than before, taking into account factors such as exchange rate.