Toyota Is Said to Plan Strategic Share Buyback From MUFG, SMFG

Toyota Is Said to Plan Strategic Share Buyback From MUFG, SMFG

Toyota Motor Corp. plans to repurchase its shares from major Japanese banks and insurers as part of a ¥1 trillion buyback program to unwind strategic partnerships. This move follows the Japanese government's push to dissolve cross-held shares and enhance shareholder accountability.

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