Toshiba unveils $6.3 billion share buyback after completing massive chip deal

FILE PHOTO: A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo

TOKYO (Reuters) – Toshiba Corp announced a planned share buyback of around 700 billion yen ($6.33 billion), following up on a pledge to share the windfall from an $18 billion sale of its memory chip business which closed earlier this month. Shares of the company rose 7 percent on Wednesday after the news. Toshiba had […]

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