Toyota announces $1.8 billion share buyback after strong second quarter
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TOKYO (Reuters) - Toyota Motor Corp plans a $1.8 billion share buyback, Japan's biggest automaker said on Thursday, after beating quarterly forecasts on higher global vehicle sales and an improved performance in North America.Operating profit rose 14% to 662.3 billion yen (£4.7 billion) for the three months to September 30 as Toyota enjoyed its strongest second quarter since 2015.The profit beat an average forecast of 592.3 billion yen, based on estimates from nine analysts, Refinitiv data..