Toyota plans $19bn share unwind in landmark governance reform move – Reuters | investingLive
Reuters report that Toyota prepares potential $19bn share unwind in major governance reform signal. Summary: Toyota is preparing a potential ¥3 trillion (~$19bn) share sale via financial institutions to unwind cross-shareholdings, sources told Reuters. The plan could take place as early as 2026 but remains subject to change. Toyota may use buybacks to absorb shares;…