Toyota Motor bought back 35,554,800 of its own shares in September at a total cost of ¥108.5bn, according to its monthly buyback status report. Cumulative purchases under the current authorization now stand at 63,766,500 shares and ¥195.0bn.
Progress against the cap
The board approved the programme on 4 August 2026, with a purchase window running from 5 August 2026 to 4 August 2027. The ceiling is 500mn shares and ¥1tn.
The report puts progress at 12.75% of the share ceiling and 19.50% of the yen ceiling. Roughly four-fifths of the yen authorization is therefore still unspent, with about ten months of the window left.
What September looked like
Toyota bought on 14 trading days from 1 September to 18 September. Daily purchases ran from 2,052,800 shares (¥6.64bn) on 1 September to 3,180,000 shares (¥9.55bn) on 8 September. The report lists no purchases after 18 September.
The report gives the company's stated reason: to buy shares flexibly, taking account of the market's assessment and the current share price level, and to improve capital efficiency.
Treasury holdings
At 30 September Toyota had 14,594,987,460 shares in issue and held 2,815,366,947 as treasury stock. The holding figure includes shares acquired through requests to buy odd-lot holdings and excludes shares held by the share-award ESOP trust.
This is execution of an existing authorization, not a new programme. The report does not say whether the repurchased shares will be cancelled. For the earlier month's pace, see Earlier Tokyo Brief coverage.