Toyota conducts February share repurchases, nearing maximum program
** Toyota Motor Corporation (TSE: 7203) announced the status of its share repurchase program, reporting the acquisition of 17,928,400 of its common shares for a total of ¥49,990,840,779 during February 2025. These repurchases, conducted between February 3 and February 28, were executed under the framework previously approved by the board of directors on May 8 and expanded on September 24, 2024, and are in accordance with Article 165, Paragraph 2 of the Companies Act of Japan. The initial board resolution authorized the repurchase of up to 530 million shares, for a maximum aggregate purchase price of ¥1.2 trillion, between May 9, 2024, and April 30, 2025. With February's activity, Toyota has now repurchased a cumulative total of 407,157,675 shares for ¥1,122,360,047,687 since the initiation of the buyback program. This leaves Toyota with a limited amount of shares and funds remaining to continue the buyback program through its conclusion at the end of April.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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