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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tosoh Corporation | TG:TOS | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.30 | 11.90 | 12.20 | 0.00 | 10:13:34 |
RNS Number:1236P Toshiba Corporation 28 August 2003 August 28, 2003 Tadashi Okamura, President and CEO Shibaura 1-1-1, Minato-ku, Tokyo Contact: Hideo Kitamura, General Manager, Corporate Communication Office Tel: 81 3 3457 2096 NOTICE OF SALES OF SECURITIES To whom it may concern: We hereby inform the following that Toshiba Corporation (Toshiba) has decided to sell part of its holding securities, as one of the measures in progressing "asset-light" programs to reduce property and other assets: 1. Total market price of securities to be sold : approximately 37.5billion yen (as of August 27, 2003) 2. Planned sales period: securities to be sold from August 28, 2003 through September 30, 2003 3. Impact on operating results: Toshiba estimates gains from the sale of approximately 21.5 billion yen, although this is subject to market prices on the sales date. This will be accounted as extraordinary gains in the settlement of accounts for FY 2003. The sale is expected to have some effect on Toshiba's operating results for FY 2003. However, the company's final forecast for this fiscal year has not yet been announced. This will be done without delay, once material changes to the forecast become clear. Forward looking statement: This contains forward-looking statements concerning Toshiba's future plans, strategies and performance. These forward-looking statements are not historical facts, rather they represent assumptions and beliefs based on economic, financial and competitive data currently available. Furthermore, they are subject to a number of risks and uncertainties that, without limitation, related to economic conditions, worldwide mega-competition in the electronics business, customer demand, foreign currency exchange rates, tax rules, regulations and other factors. Toshiba therefore wishes to caution that actual results may differ materially from our expectations. ### This information is provided by RNS The company news service from the London Stock Exchange END DISNKFKPDBKDCFB
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