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Toyota ( (JP:6201) ) just unveiled an update.
Toyota Industries Corporation has completed the repurchase of 123,300 shares of its common stock, costing approximately 2.1 billion yen, as part of a broader initiative authorized by the board in May 2024. This strategic move, involving nearly 10 million shares and a total expenditure of around 120.9 billion yen, underscores the company’s commitment to optimizing its capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (JP:6201) stock is a Buy with a Yen14000.00 price target. To see the full list of analyst forecasts on Toyota stock, see the JP:6201 Stock Forecast page.
More about Toyota
Toyota Industries Corporation operates in the automotive industry, focusing primarily on manufacturing vehicles and related components. The company is listed on the Tokyo and Nagoya Stock Exchanges and is recognized for its significant contributions to the automotive sector.
Average Trading Volume: 912,175
Technical Sentiment Signal: Buy
Current Market Cap: Yen5366.7B
See more insights into 6201 stock on TipRanks’ Stock Analysis page.