Company Announcements

Repurchase of Shares of our Common Stock

Source: RNS
RNS Number : 2880R
Toyota Motor Corporation
05 July 2022
 

[Reference Translation]

 

July 5, 2022

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

Prime of Tokyo Stock Exchange and

Premier of Nagoya Stock Exchange)

Name and Title of Contact Person:

Masayoshi Hachisuka, General Manager,

Capital Strategy & Affiliated Companies Finance Div. (Telephone Number: 0565-28-2121)

 

 

Notice Concerning the Status of the Repurchase of Shares of 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 promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock) conducted in June 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 11, 2022, as follows:

 

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

2. Total number of shares repurchased:   12,250,400 shares

3. Total purchase price:                              25,915,242,228 JPY

4. Period of repurchase:                                From June 17, 2022 to June 23, 2022

 

(Reference)

I.       Repurchase of shares resolved at a meeting of the board of directors held on May 11, 2022 (Repurchase of shares in order to promote capital efficiency by repurchasing more flexibly its common stock than before while comprehensively considering factors such as its investment in growth, level of its dividends, its cash reserves and the price level of its common stock)

 

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

         (2)  Total number of shares to be repurchased
140 million shares (maximum)

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

         (4)  Period of repurchase                           From June 17, 2022 to September 30, 2022

II.      Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of June 30, 2022)

 

(1)   Total number of shares repurchased:                   12,250,400 shares

 

(2)   Total purchase price for repurchased shares:      25,915,242,228 JPY

 

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