Toyota Motor (JP:7203) has released an update.
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Toyota Motor Corporation has announced a new share repurchase strategy through the ToSTNeT-3 off-auction trading system, with plans to buy back up to 29.67 million shares at a maximum of 77.65 billion yen. Additionally, the board has resolved to increase the maximum limit of share repurchases to 1.2 trillion yen, allowing for the acquisition of up to 530 million shares by April 2025. This move is in response to the current stock price level and other market factors.
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