Brief: Toshiba Machine completes 31.3 mln shares' buy-back; top shareholder Toshiba cuts stake in co to 2.77 pct from 22.11

Shibaura Machine

03/03/2017 02:43

March 3 (Reuters) - Toshiba Machine Co Ltd  6104.T  : 
     
    * Says co completes repurchase of 31.3 million shares of its 
common stock for totaling 15.85 billion yen on March 3, as 
result of buy-back plan for 22.37 percent stake of shares (34 
million shares) 
    * Says co's former top shareholder Toshiba Corp  6502.T  
sold tendering securities 30.2 million shares (18.1 percent 
stake of shares outstanding) in co, cutting stake in co to 2.77 
percent from 22.11 percent  
     
    Source text in Japanese: http://rrd.me/b6YzN ; 
http://rrd.me/b6Y2a  
    Further company coverage: 6104.T  6502.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))