Repurchase of shares of our common stock

RNS Number : 2846E
Toyota Motor Corporation
03 July 2019
 

[Reference Translation]

 

July 3, 2019

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

First Section of Tokyo Stock Exchange and

Nagoya Stock Exchange)

Name and Title of Contact Person:

Kaname Shimizu, General Manager,

Accounting Division

 (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 flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock) conducted in June 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 8, 2019, as follows:

 

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

2. Total number of shares repurchased:     8,099,800 shares

3. Total purchase price:                              54,284,473,700 JPY

4. Period of repurchase:                              From June 5, 2019 to June 21, 2019

 

(Reference)

 

I.       Repurchase of shares resolved at a meeting of the board of directors held on May 8, 2019 (Repurchase of shares in order to promote capital efficiency by repurchasing flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock)

 

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

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

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

         (4)  Period of repurchase                           From May 15, 2019 to September 30, 2019
 

II.      Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of June 30, 2019)

 

(1)   Total number of shares repurchased:               8,099,800 shares

 

(2)   Total purchase price for repurchased shares:   54,284,473,700 JPY

 

 

 

 


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