Toyota Motor Decides to Acquire Up to 500 million shares Shares and Cancel 200 million shares Shares
TOKYO, Aug 04 (Pulse News Wire) – Toyota Motor Corporation (7203.NG) announced today that its board of directors, held on August 04, 2026, resolved to acquire up to 500 million shares shares of its common stock, representing 4.22% of outstanding shares excluding treasury shares, based on Article 156 of the Companies Act as applied under Article 165(3). The acquisition will take place through open-market purchases from August 05, 2026 to August 4, 2027, with a total value limit of ¥1.00 trillion.
Additionally, the company decided to cancel 200 million shares shares, which constitute 1.37% of the pre-cancellation outstanding share count. The cancellation is scheduled to occur at the end of the quarter in which the share repurchase is completed.
A further notice will be issued once the exact cancellation date is determined. As of June 30, 2026, Toyota had 11,842,234,260 outstanding shares excluding treasury shares, and held 2,752,753,200 treasury shares.
It's worth noting that the number of treasury shares does not include those held by the Employee Stock Ownership Plan trust.
