Toshiba sets $6.3 billion share buyback with proceeds of chip unit sale

TOKYO (Reuters) - Toshiba Corp 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.

from Reuters: Technology News https://ift.tt/2l7U4WN