Toyota Announces $5.2B Share Buyback From Japanese Banks And Insurers
Toyota Announces $5.2B Share Buyback From Japanese Banks And Insurers
In a significant strategic move, Toyota Motor Corp. (NYSE:TM) has announced plans to repurchase ¥806.8 billion ($5.2 billion) of its shares from key Japanese banks and insurers. The move is part of a broader strategy to untangle its shareholdings with financial partners.
作出重要战略性举措，丰田汽车（纽交所：TM）宣布计划从主要日本银行和保险公司回购¥8068亿（$52亿）的股票。此举是坦清与金融合作伙伴的股份关系更广泛策略的一部分。
What Happened: The shares will be bought back from Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG), Sumitomo Mitsui Financial Group Inc. (NYSE:SMFG), Tokio Marine Holdings Inc. (OTC:TKOMY), and MS&AD Insurance Group Holdings Inc. (OTC:MSADY) at ¥2,781 each, an 11% discount to their closing price on Tuesday, Bloomberg reported on Tuesday.
根据彭博社周二报道，这些股票将从三井住友金融集团股份有限公司（纽交所：MUFG）、三井住友金融集团股份有限公司（纽交所：SMFG）、东京海上控股株式会社（场外交易：TKOMY）和MS&AD保险集团控股株式会社（场外交易：MSADY）以每股¥2,781的价格回购，比周二收盘价低11%。
This move is part of a ¥1 trillion ($6.4 billion) repurchase plan announced by Toyota in May, aimed at satisfying the Japanese government's push for large corporations to unwind cross-held shareholdings. The deal could potentially trigger a broader wave of looser equity ties in Japan.
此举是丰田在五月宣布的一项¥1万亿（$64亿）回购计划的一部分，旨在满足日本政府的推动，要求大型企业解决交叉持股的问题。这份交易有可能引发日本更广泛的股权解耦浪潮。
Why It Matters: This strategic move is a response to the Japanese government's push for corporations to dismantle their extensive network of cross-held shares. Toyota's share buyback initiative, announced in May, is a significant increase from previous repurchases.
为了响应日本政府的呼吁，而采取的这次战略举措，旨在让企业拆除它们广泛的交叉持股网络。五月份宣布的丰田股票回购计划规模相当大，远高于以前的回购计划。
Toyota's shares have climbed 26% this year, following a 43% rally in 2023. The banks and insurers plan to divest their Toyota shareholdings over a few years, significantly reducing their stakes or divesting them entirely.
丰田的股票今年已经上涨了26%，紧随2023年的43%涨幅。银行和保险公司计划在几年内剥离它们的丰田股权，显著削减其持股或完全出售。
Recently, Toyota has announced that its internal investigation into car model certification applications has not uncovered any further instances of misconduct, beyond those previously reported. This investigation was initiated in response to an industry-wide directive from the Japanese transport ministry, following a safety test scandal at Toyota's Daihatsu compact car unit.
最近，丰田宣布其对汽车型号认证申请的内部调查未发现任何进一步的不当行为，超出了之前的报道。这次调查是日本交通部行动指令的一部分，以回应丰田旗下戴斯汽车被曝光安全测试丑闻。
Furthermore, Toyota's electric vehicle (EV) sales quadrupled in the second quarter, with the company selling almost 250,000 hybrid and electric models. This represents a year-over-year rise of 63%, representing almost 40% of the group's total volume. EVs and PHEVs are undoubtedly Toyota's fastest-growing segment.
此外，丰田的电动汽车（EV）销量第二季度增长了四倍，公司销售了近25万辆混合动力和电动车型。这代表了同比增长63%的年度增长，占集团总成交量的近40%。EV和PHEV无疑是丰田增长最快的部分。
Price Action: Toyota Motor stock closed at $200.14 on Monday, according to Benzinga Pro.
价格行动：根据Benzinga Pro，丰田汽车股票周一收于$200.14。
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This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本报道使用Benzinga Neuro生成，并由Pooja Rajkumari编辑