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07.06.2024 07:31:22 - dpa-AFX: Mitsubishi UFJ Financial, Sumitomo Mitsui To Sell More Than $8.5 Bln Of Toyota Shares : Report
TOKYO (dpa-AFX) - Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui
Financial Group Inc. are set to commence divesting approximately 1.32 trillion
yen or $8.5 billion worth of strategic shareholdings in Toyota Motor Corp.
(TYT.L, TM), Bloomberg reported citing people familiar with the matter.
The banks plan to conduct the sales gradually and capitalize on Toyota's
initiative to repurchase its own shares, the report said.
Last Month, Toyota Motor said it set aside 1 trillion yen as the maximum limit
of share repurchases and would cancel 520 million shares, equivalent to 2
trillion yen worth of treasury shares.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Financial Group Inc. are set to commence divesting approximately 1.32 trillion
yen or $8.5 billion worth of strategic shareholdings in Toyota Motor Corp.
(TYT.L, TM), Bloomberg reported citing people familiar with the matter.
The banks plan to conduct the sales gradually and capitalize on Toyota's
initiative to repurchase its own shares, the report said.
Last Month, Toyota Motor said it set aside 1 trillion yen as the maximum limit
of share repurchases and would cancel 520 million shares, equivalent to 2
trillion yen worth of treasury shares.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
MITSUBISHI UFJ FINL GRP | 657892 | Frankfurt | 10,352 | 05.07.24 21:49:39 | +0,020 | +0,19% | 10,182 | 10,446 | 10,316 | 10,352 |
|
SUMITOMO MITSUI FINL GRP | 778924 | Frankfurt | 63,030 | 08.07.24 08:27:01 | -0,320 | -0,51% | 62,780 | 64,660 | 63,030 | 63,350 |
|
TOYOTA MOTOR CORP. | 853510 | Frankfurt | 18,990 | 08.07.24 08:16:51 | +0,078 | +0,41% | 18,802 | 19,000 | 18,800 | 18,912 |
