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Will Toyota announce another expansion of its share buyback program by the end of 2024?
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Based on announcements from Toyota and reported by major financial news sources
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Toyota Expands Share Buyback Program by 200 Billion Yen to $8.31 Billion
Sep 24, 2024, 08:09 AM
Toyota Motor has expanded its share buyback program by 200 billion yen to up to 1.2 trillion yen ($8.31 billion) from the previous 1 trillion yen. The decision comes in response to a drop in its share price. The world's largest carmaker is experiencing strong demand in its main markets of Japan, Europe, and North America. The expanded buyback plan will be in effect through April 30.
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