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Toshiba Corp (6502.T)

6502.T on Tokyo Stock Exchange

337JPY
22 Jun 2018
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¥337
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30,454,444
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¥355
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¥221

Latest Key Developments (Source: Significant Developments)

Toshiba to sell PC business to Sharp for 4 bln yen
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Toshiba Corp <6502.T>:Says it will transfer 80.1 percent stake(3.5 million shares) in Toshiba Client Solutions Co Ltd, a wholly owned unit in the personal computer business, to Sharp Corp <<<6753.T>>>, for about 4 billion yen in total, effective Oct. 1 .  Full Article

Toshiba to transfer R&D center of energy business and social system business to units
Monday, 21 May 2018 

May 21 (Reuters) - Toshiba Corp <6502.T>:Says it plans to transfer R&D center of energy business and social system business to wholly owned units Toshiba Energy Systems & Solutions Corporation and Toshiba Infrastructure Systems & Solutions Corporation, with effective date on Oct. 1.  Full Article

Toshiba says consummation of transaction for sale of Toshiba Memory
Friday, 18 May 2018 

May 18 (Reuters) - Toshiba Corp <6502.T>:Says it confirmed receipt of all required anti-trust approvals in respect of the sale of Toshiba Memory Corporation (TMC).Says it had entered into a share purchase agreement with K.K. Pangea, a special purpose company formed and controlled by a consortium led by Bain Capital Private Equity, in respect of the sale of all of the shares of TMC, on Sept. 28, 2017 .The parties will now take necessary procedures to close the transaction, which is currently expected to occur on June 1, 2018 .  Full Article

Toshiba CEO Says Has Not Heard Negative Information About Chinese Antitrust Review On Memory Chip Unit Deal
Tuesday, 15 May 2018 

May 15 (Reuters) - Toshiba Corp <6502.T>::CEO SAYS HAS NOT HEARD NEGATIVE INFORMATION ABOUT CHINESE ANTITRUST REVIEW ON MEMORY CHIP UNIT DEAL.  Full Article

Toshiba Says It Still Intends To Close The Memory Business Transaction As Soon As Possible
Wednesday, 9 May 2018 

May 9 (Reuters) - Toshiba Corp <6502.T>::TOSHIBA SAYS IT STILL INTENDS TO CLOSE THE MEMORY BUSINESS TRANSACTION AS SOON AS POSSIBLE.TOSHIBA SAYS IT HAS NOT MADE ANY ALTERNATIVE POLICY DECISIONS, INCLUDING TERMINATION OF TRANSACTION UNDER CERTAIN CIRCUMSTANCES.TOSHIBA STATEMENT ISSUED AFTER WSJ REPORT THAT TOSHIBA OFFICIALS HAVE MOSTLY GIVEN UP ON $18 BLN SALE OF COMPANY'S CHIP UNIT AND ARE REVIEWING ALTERNATIVES.  Full Article

Toshiba's Debt Owed To Banks Shrunk To Around 500 Bln Yen As Of March-End - Nikkei
Tuesday, 1 May 2018 

May 1 (Reuters) - Nikkei::TOSHIBA'S DEBT OWED TO BANKS SHRUNK TO AROUND 500 BILLION YEN AS OF MARCH-END FROM OVER 900 BILLION YEN AT END-2017 - NIKKEI.TOSHIBA'S MAIN LENDERS DECREASED THEIR COMMITTED LINE OF CREDIT FROM 680 BILLION YEN TO 400 BILLION YEN AS OF APRIL - NIKKEI.  Full Article

Secom to buy 80.1 pct voting power in TOSHIBA SECURITY GUARD for about 2.5 bln yen
Monday, 16 Apr 2018 

April 16(Reuters) - Secom Co Ltd <9735.T>:Says it will acquire 80.1 percent voting power in TOSHIBA SECURITY GUARD CORPORATION, which is a wholly owned unit of Toshiba Corp <<<6502.T>>>, for about 2.5 billion yen .Acquisition date on Aug. 31.  Full Article

Guangdong Champion Asia Electronics to pay annual cash div as 1.5 yuan per 10 shares for FY 2017
Thursday, 12 Apr 2018 

April 12(Reuters) - Guangdong Champion Asia Electronics Co Ltd <603386.SS> : :* Says it plans to pay annual cash dividend as 1.5.  Full Article

Toshiba unit reaches settlement with former employees
Thursday, 15 Mar 2018 

March 15 (Reuters) - Toshiba Corp <6502.T>:Says co's Brazil-based unit reaches settlement with former employees, regarding lawsuits filed by former employees .  Full Article

S&P says Toshiba Corp upgraded to 'CCC+' on deal to sell Westinghouse-related assets
Friday, 19 Jan 2018 

Jan 19 (Reuters) - S&P::S&P SAYS TOSHIBA CORP. UPGRADED TO 'CCC+' ON DEAL TO SELL WESTINGHOUSE-RELATED ASSETS; RATINGS ON CREDITWATCH POSITIVE.S&P SAYS TOSHIBA'S ANNOUNCEMENT OF DEAL TO SELL WESTINGHOUSE-RELATED ASSETS HEIGHTENED LIKELIHOOD OF COMPANY ERASING ITS NEGATIVE NET WORTH.S&P ON TOSHIBA CORP SAYS BELIEVE THE LIKELIHOOD OF DEBT RESTRUCTURING, INCLUDING A DEBT-FOR-EQUITY SWAP, IN THE NEAR TERM HAS DECREASED SIGNIFICANTLY ‍​.S&P SAYS TOSHIBA NO LONGER FACES CIRCUMSTANCES IN WHICH DEBT RESTRUCTURING APPEARS INEVITABLE WITHIN 6 MONTHS IN ABSENCE OF UNANTICIPATED FAVORABLE CHANGES IN CIRCUMSTANCES.  Full Article

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Toshiba sets $6.3 billion share buyback with proceeds of chip unit sale

TOKYO Toshiba Corp unveiled a higher-than-expected $6.3 billion stock buyback that sent its shares up as much as 11 percent, as the Japanese firm followed up on a pledge to share proceeds from an $18 billion sale of its memory chip business. | Video