7th Aug 2008 11:21
(Translation)
To Whom It May Concern:
August 7, 2008
Company Name: TOYOTA MOTOR CORPORATION
Name and Title of Representative:
Katsuaki Watanabe, President
(Code Number: 7203
Securities exchanges throughout Japan)
Name and Title of Contact Person:
Takuo Sasaki
General Manager, Accounting Division
(Telephone Number: 0565-28-2121)
Notice Concerning Decision on Matters Relating to Acquisition of Own Shares
(Acquisition of Own Shares under Article 156 of the Corporation Act)
At a meeting held on August 7, 2008, the Board of Directors of Toyota Motor Corporation ("TMC") resolved on matters relating to the setting of an upper limit to acquisition of its own shares, pursuant to a resolution adopted at the 104th Ordinary General Shareholders' Meeting. We hereby inform you of the following.
1. Reasons for acquisition of TMC's own shares
To improve capital efficiency and implement flexible capital policies in accordance with the
business environment.
2. Details of matters relating to the acquisition
|
(1) Type of shares to be acquired |
Shares of common stock of TMC |
|
(2) Aggregate number of shares permitted to be acquired |
Up to 15,000,000 shares (Ratio to the aggregate number of issued shares (excluding treasury shares): 0.48%) |
|
(3) Aggregate purchase price of shares |
Up to JPY 70,000,000,000 |
|
(4) Method of acquisition |
Purchase in the market through a trust bank |
|
(5) Acquisition period |
From August 11, 2008 to August 21, 2008 |
[Reference]
Matters resolved at the 104th Ordinary General Shareholders' Meeting held on June 24, 2008
|
• Type of shares to be acquired |
Shares of common stock of TMC |
|
• Aggregate number of shares permitted to be acquired |
Up to 30,000,000 shares |
|
• Aggregate purchase price of shares |
Up to JPY 200,000,000,000 |
|
• Acquisition period |
One year from the day immediately following the close of the 104th Ordinary General Shareholders' Meeting |
Shares acquired as of August 7, 2008
|
• Aggregate number of shares acquired |
0 shares |
|
• Aggregate purchase price of shares |
JPY 0 |
Treasury shares held by TMC as of June 30, 2008
|
• Aggregate number of issued shares (excluding treasury shares) |
3,149,304,712 shares |
|
• Number of treasury shares |
298,692,780 shares |
Related Shares:
Toyota Motor