Toyota Motor Corporation Status and Completion of the Repurchase of Shares (2197F)

TIDMTYT

RNS Number : 2197F

Toyota Motor Corporation

06 March 2020

[Reference Translation]

March 6, 2020

To Whom It May Concern:

Company Name: TOYOTA MOTOR CORPORATION

Name and Title of Representative:

Akio Toyoda, President

(Code Number: 7203

First Section of Tokyo Stock Exchange and

Nagoya Stock Exchange)

Name and Title of Contact Person:

Kaname Shimizu, General Manager,

Accounting Division

(Telephone Number: 0565-28-2121)

Notice Concerning the Status and Completion 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 flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock) conducted in March 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 November 7, 2019, 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 November 7, 2019, has been completed.

   1. Class of shares repurchased:                   Common stock of Toyota Motor Corporation ("TMC") 
   2. Total number of shares repurchased:        2,116,900 shares 
   3. Total purchase price:                                 15,070,693,448 JPY 
   4. Period of repurchase:                                From March 2, 2020 to March 3, 2020 

(Reference)

I. Repurchase of shares resolved at a meeting of the board of directors held on November 7, 2019 (Repurchase of shares in order to promote capital efficiency by repurchasing flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock)

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

(2) Total number of shares to be repurchased

34 million shares (maximum)

(3) Total purchase price for repurchase of shares

200 billion JPY (maximum)

            (4)  Period of repurchase                           From November 11, 2019 to March 31, 2020 

II. Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of March 6, 2020)

   (1)   Total number of shares repurchased:               26,185,400 shares 
   (2)   Total purchase price for repurchased shares:   199,999,343,174 JPY 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

STRMZGGFGVZGGZG

(END) Dow Jones Newswires

March 06, 2020 03:00 ET (08:00 GMT)