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Status and Completion of the Repurchase of Shares

25 Aug 2017 08:00

RNS Number : 9621O
Toyota Motor Corporation
25 August 2017
 

[Reference Translation]

 

August 25, 2017

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

Securities exchanges throughout Japan)

Name and Title of Contact Person:

Kenta Kon, General Manager,

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 10, 2017, 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 10, 2017, has been completed.

 

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

2. Total number of shares repurchased: 14,820,100 shares

3. Total purchase price: 92,586,419,100 JPY

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

5. Period of repurchase: From August 1, 2017 to August 22, 2017

 

(Reference)

 

I. Repurchase of shares resolved at a meeting of the board of directors held on May 10, 2017 (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 repurchased50 million shares (maximum)

(3) Total purchase price for repurchase of shares250 billion JPY (maximum)

(4) Period of repurchase From May 17, 2017 to August 31, 2017

II. Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of August 25, 2017)

 

(1) Total number of shares repurchased: 40,335,500 shares

 

(2) Total purchase price for repurchased shares: 249,984,863,600 JPY

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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