Repurchase of Shares of our Common Stock

RNS Number : 8633U
Toyota Motor Corporation
04 August 2022
 

[Reference Translation]

 

August 4, 2022

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

Prime of Tokyo Stock Exchange and

Premier of Nagoya Stock Exchange)

Name and Title of Contact Person:

Masayoshi Hachisuka, General Manager,

Capital Strategy & Affiliated Companies Finance Div. (Telephone Number: 0565-28-2121)

 

 

Notice Concerning the Status of the Repurchase of Shares of our Common Stock

(Repurchase of Shares under our Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

 

We hereby inform you of the repurchase of shares (Repurchase of shares in order to promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock) conducted in July pursuant to Article 156 of the Companies Act of Japan (the "Companies Act") as applied pursuant to Article 165, Paragraph 3 of the Companies Act, concerning which repurchase notification was given on May 11 , 2022, as follows:

 

1. Class of shares repurchased:                    Common stock of Toyota Motor Corporation ("TMC")

2. Total number of shares repurchased:        34,805,800 shares

3. Total purchase price:                                 74,084,721,345 JPY

4. Period of repurchase:  From July 1, 2022 to July 25, 2022

 

(Reference)

I.  Repurchase of shares resolved at a meeting of the board of directors held on May 11 , 2022 (Repurchase of shares in order to promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock)

 

  (1)  Class of shares to be repurchased           Common stock of TMC

  (2)  Total number of shares to be repurchased
140 million shares (maximum)

  (3) Total purchase price for repurchase of shares
200 billion JPY (maximum)

  (4)  Period of repurchase                                 From June 17, 2022 to September 30, 2022

II.  Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of July 31 , 2022)

 

(1)  Total number of shares repurchased:  47,056,200 shares

 

(2)  Total purchase price for repurchased shares:  99,999,963,573 JPY

 

TMC has set aside 100 billion yen out of the total purchase price of 200 billion yen to enable more flexible repurchase of shares of its common stock than before, but there have been no repurchases to date, considering factors such as the price level of its common stock.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSUPUBARUPPPWW
UK 100

Latest directors dealings