Toyota Motor Corporation Repurchase of Shares of our Common Stock (2045Y)
05 September 2022 - 5:00PM
UK Regulatory
TIDMTYT
RNS Number : 2045Y
Toyota Motor Corporation
05 September 2022
[Reference Translation]
September 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 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 11 , 2022, as follows:
1. Class of shares repurchased: Common stock of Toyota Motor Corporation ("TMC")
2. Total number of shares repurchased: 0 shares
3. Total purchase price: 0 JPY
4. Period of repurchase: From August 1, 2022 to August 31, 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
August 31 , 2022)
(1) Total number of shares repurchased: 47,056,200 shares
(2) Total purchase price for repurchased shares: 99,999,963,573 JPY
TMC has set aside 100 billion yen out of the total purchase
price of 200 billion yen to enable more flexible repurchase of
shares of its common stock than before, but there have been no
repurchases to date, considering factors such as the price level of
its common stock.
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END
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