The Japan Times
Toyota Motor will buy back ¥806.8 billion worth of its stock from major Japanese banks and insurers as part of a broader push to unwind strategic shareholdings with financial partners. https://www.japantimes.co.jp/business/2024/07/23/companies/toyota-share-buybacks/ #business #companies #toyota #banks #stocks #mufg #sumitomomitsui #tokiomarine #corporategovernance
Toyota to buy back stock worth $5.2 billion from banks and insurers

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering shares at an 11% discount.

The Japan Times
Jul 23, 2024 at 1:50pmBuffer