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Toyota Motor ( (JP:7203) ) has provided an update.
Toyota Motor Corporation has announced the introduction of a share-based compensation plan for senior employees, utilizing an Employee Stock Ownership Plan (ESOP) trust structure. This plan involves the disposal of 547,500 shares of treasury stock to The Master Trust Bank of Japan, Ltd., aimed at rewarding eligible employees based on their performance and the company’s achievements. The impact on the secondary market is expected to be minimal, as the shares will not be released all at once.
The most recent analyst rating on (JP:7203) stock is a Buy with a Yen3800.00 price target. To see the full list of analyst forecasts on Toyota Motor stock, see the JP:7203 Stock Forecast page.
More about Toyota Motor
Toyota Motor Corporation is a leading automotive manufacturer known for its wide range of vehicles, including cars, trucks, and hybrids. The company is a major player in the global automotive industry, focusing on innovation and sustainable mobility solutions.
Average Trading Volume: 28,538,844
Technical Sentiment Signal: Buy
Current Market Cap: Yen34958.1B
For detailed information about 7203 stock, go to TipRanks’ Stock Analysis page.