By TOKYO (Reuters) – Toyota Motor (NYSE:TM) on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price.
Toyota had decided on May 8 to buy back up to 410 million shares, or 3.04% worth of its outstanding shares excluding treasury shares.
The Japanese automaker’s shares have plunged 27% since then, closing at 2,617 yen on Tuesday.
($1 = 144.3700 yen)
This post appeared first on investing.com
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
