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| Name | Symbol | Market | Type |
|---|---|---|---|
| Toshiba Corp (CE) | USOTC:TOSYY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.92 | 0.00 | 01:00:00 |
From May 2022 to May 2024
By Megumi Fujikawa
TOKYO--Toshiba Corp. shareholders on Tuesday approved the company's proposal to invite representatives from two foreign activist funds onto its board.
Toshiba is aiming at improving its relationship with foreign shareholders by appointing new directors from major U.S.-based shareholders Elliott Management Corp. and Farallon Capital Management LLC.
Following the appointments of Nabeel Bhanji, senior portfolio manager of Elliott Investment Management, and Eijiro Imai, managing director at Farallon Capital Japan, nearly half of Toshiba's board has ties with a small group of major foreign shareholders.
Write to Megumi Fujikawa at megumi.fujikawa@wsj.com
(END) Dow Jones Newswires
June 27, 2022 23:37 ET (03:37 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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