Reuters
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Toyota forecasts profit rebound amid chip shortage, unveils share buyback
Posted
May 12, 2021
Views
1,119
Likes
15
Engagement
1.34%
May 12, 2021
1,119
15
1.34%
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1:25Now PlayingJapan’s Toyota Motor Corp announced a $2.3 billion share buyback on Wednesday and forecast annual profit will rise by 14% to pre-pandemic levels, as it shrugged off a coronavirus sales slump and a chip shortage that has hurt other car makers.
#News #Reuters #ToyotaMotorCorp #Toyota #Japan #ChipShortage #Coronavirus #Earnings
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