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Toyota Completes Major Stock Buyback Initiative
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Toyota Completes Major Stock Buyback Initiative

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

Toyota Motor Corporation has announced the completion of its common stock repurchase program, buying back 5,216,600 shares for a total cost of JPY 18,962,328,100 between April 1 and April 24, 2024. This buyback is part of a larger program authorized by the board on November 1, 2023, which aimed to repurchase up to 60 million shares for a maximum of JPY 100 billion. As of April 24, 2024, Toyota has repurchased 32,097,200 shares for JPY 99,999,796,450 under this program.

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

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