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Home News Business Toyota’s buyback firepower could fuel a share price recovery

Toyota’s buyback firepower could fuel a share price recovery

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Toyota Motor (NYSE:TM) disclosed earlier on Tuesday that it has increased its share buyback plan to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen. The automaker has a target to repurchase up to 530 million shares, or 3.93% of its outstanding



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