May. 09, 2007
Notice Concerning Acquisition of Own Shares
(Acquisition pursuant to the Resolution adopted at the 102nd Ordinary
General Shareholders' Meeting)
(Acquisition of Own Shares under Article 156 of the Corporation Act)
At a meeting held on May 9, 2007, the Board of Directors of Toyota Motor Corporation ("TMC") resolved to acquire its own shares pursuant to the resolution adopted at the 102nd 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. |
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| 2. | Details of acquisition | |
| (1) Type of shares to be acquired | Shares of common stock of TMC | |
| (2) Aggregate number of shares to be acquired | Up to 11,000,000 shares | |
| (3) Aggregate purchase price of shares | Up to JPY 62,990,000,000 | |
| (4) Method of acquisition | Purchase in the market through a trust bank | |
| (5) Acquisition period | From May 11, 2007 to May 25, 2007 | |
| [Reference] | ||
| Matters resolved at the 102nd Ordinary General Shareholders' Meeting held on June 23, 2006 | ||
| · Type of shares to be acquired | Shares of common stock of TMC | |
| · Aggregate number of shares to be acquired | Up to 30,000,000 shares | |
| · Aggregate purchase price of shares | Up to JPY 200,000,000,000 | |
| Shares acquired as of May 9, 2007 | ||
| · Aggregate number of shares acquired | 18,950,100 shares | |
| · Aggregate purchase price of shares | JPY 137,009,223,000 | |
