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Toshiba sets share buyback following chip unit sale

Wednesday, June 13, 2018 - 01:11

Toshiba has 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. Laura Frykberg reports.

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Toshiba has 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. Laura Frykberg reports.

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Toshiba sets share buyback following chip unit sale

Wednesday, June 13, 2018 - 01:11