Toyota expands share buyback plan to reflect falling stock By Reuters

TOKYO (Reuters) – Toyota Motor (NYSE: ) on Tuesday raised its share buyback plan through April 30 to 1.2 trillion yen ($8.31 billion) from 1 trillion yen, given the latest price of actions.

Toyota decided on May 8 to buy back up to 410 million shares, or 3.04% of its outstanding shares, excluding treasury shares.

Shares of the Japanese automaker have since fallen 27 percent, closing at ¥2,617 on Tuesday.

(1 USD = 144.3700 yen)