Toyota Industries completes share repurchase worth JPY 12.3bn

Toyota Industries Corporation (TSE:6201) has disclosed the results of its share repurchase program conducted throughout February 2025. The company acquired 968,100 of its own shares at a total cost of ¥12,329,976,000. This buyback is part of a larger resolution passed by the board of directors on May 10, 2024, which authorized the repurchase of up to 10 million shares, with a maximum aggregate value of ¥180 billion, through May 12, 2025. As of February 28, 2025, Toyota Industries has cumulatively repurchased 8,401,223 shares for a total of ¥100,243,698,470 under this resolution. The company noted that the repurchase program might not be fully executed due to market conditions.