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Pin to quick picksToyota Motor Regulatory News (TYT)

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Status and Completion of the Repurchase of Shares

7 Aug 2018 08:00

RNS Number : 9903W
Toyota Motor Corporation
07 August 2018
 

[Reference Translation]

 

August 7, 2018

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

First Section of Tokyo Stock Exchange and Nagoya Stock Exchange)

Name and Title of Contact Person:

Kenta Kon, Managing Officer,

General Manager of Accounting Division

(Telephone Number: 0565-28-2121)

 

 

Notice Concerning the Status and Completion of the Repurchase of Sharesof our Common Stock

(Repurchase of Shares under our Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

 

 

We hereby inform you of the repurchase of shares (Repurchase of shares in order to return capital to shareholders and to promote capital efficiency and agile capital policy in view of the business environment) conducted in August pursuant to Article 156 of the Companies Act of Japan (the "Companies Act") as applied pursuant to Article 165, Paragraph 3 of the Companies Act, concerning which repurchase notification was given on May 9, 2018, as follows:

We also inform you that the portion of the repurchase of shares pursuant to the resolution at a meeting of the board of directors held on May 9, 2018, has been completed.

 

1. Class of shares repurchased: Common stock of Toyota Motor Corporation ("TMC")

2. Total number of shares repurchased: 2,006,200 shares

3. Total purchase price: 14,784,105,800 JPY

4. Method of acquisition: Purchase in the market through a trust bank

5. Period of repurchase: From August 1, 2018 to August 2, 2018

 

(Reference)

 

I. Repurchase of shares resolved at a meeting of the board of directors held on May 9, 2018 (Repurchase of shares in order to return capital to shareholders and to promote capital efficiency and agile capital policy in view of the business environment)

 

1. Method of repurchase

Purchase in the market through a trust bank

 

2. Details of matters relating to repurchase

(1) Class of shares to be repurchased Common shares of TMC

(2) Total number of shares to be repurchased55 million shares (maximum)

(3) Total purchase price for repurchase of shares300 billion JPY (maximum)

(4) Period of repurchase From May 16, 2018 to September 28, 2018 

II. Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of August 7, 2018)

 

(1) Total number of shares repurchased: 40,808,800 shares

 

(2) Total purchase price for repurchased shares: 299,981,727,100 JPY

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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