Toyota completes share repurchase program, buying back JPY 1.2tn

Toyota Motor Corporation (TSE:7203) announced the completion of its share repurchase program, initially outlined in announcements from May 8 and September 24, 2024. The company repurchased a total of 436,859,275 shares of its common stock for a total acquisition cost of JPY 1,199,999,856,557. The April tranche, executed between April 1 and April 15, 2025, involved the repurchase of 16,226,100 shares at a total cost of JPY 39,948,697,764. The repurchase program, conducted under Article 165, Paragraph 2 of the Companies Act of Japan, aimed to acquire up to 530 million shares for a maximum total price of JPY 1.2 trillion between May 9, 2024, and April 30, 2025. The company confirmed that the April buyback concludes the repurchase plan authorized by the board.