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ighlights a Chorus of Support for Farallon s Arguments and Proposal Among Third Parties
Farallon Capital Management, L.L.C. ( Farallon ) today issued a statement urging shareholders of Toshiba Corporation ( Toshiba or the Company ) (6502.T) to vote
FOR Farallon s capital allocation proposal at the extraordinary general meeting of shareholders ( EGM ), which is scheduled to be held on March 18, 2021:
As the second-largest shareholder of Toshiba, Farallon is asking all Toshiba shareholders to support our EGM proposal calling upon the Company to honor its capital allocation commitments under the Toshiba Next Plan ( TNP ), or to explain to and seek approval from shareholders for capital policy changes. We urge all shareholders to check with their clearing brokers and determine their specific deadline to ensure that their votes count.
Farallon Capital Management, L L C : Farallon Urges Toshiba Shareholders to Make Their Voices Heard at Upcoming EGM finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Farallon Capital Management Issues Letter to Toshiba Shareholders
Company s intention to deploy ¥1.3 trillion of excess cash flow for investments is reckless given track-record
Farallon s EGM
proposal gives shareholders key opportunity to ask Toshiba to honor its commitments to capital allocation discipline under the Toshiba Next Plan
Company s attempts to reassure shareholders and back-pedal have been misleading and disingenuous
SAN FRANCISCO, March 2, 2021 /PRNewswire/ Today, Farallon Capital Management, L.L.C. ( Farallon ) issued a public letter to shareholders of Toshiba Corporation ( Toshiba or the Company ) (6502.T) in connection with the upcoming extraordinary general meeting of shareholders ( EGM ). Farallon is asking Toshiba shareholders to support the Farallon EGM proposal, which calls upon the Company to honor its capital allocation commitments under the Toshiba Next Plan or to explain and seek approval from shareholders for capital policy changes.
Farallon requests Toshiba Corporation Convene an EGM to Explain and Seek Shareholder Approval Regarding Significant Changes to the Toshiba Next Plan Relating to a New One Trillion Yen Growth Investing Strategy Copyright 2021 PR Newswire. All Rights Reserved
2020-12-24
SAN FRANCISCO, Dec. 25, 2020 /PRNewswire/ Today, an affiliate of Farallon Capital Management, L.L.C. ( Farallon ) requested Toshiba Corporation ( Toshiba or the Company )(6502.T) convene an extraordinary general meeting of shareholders ( EGM ) to seek shareholder approval regarding significant changes to the Toshiba Next Plan ( TNP ) relating to a new one trillion yen growth investing plan.
Farallon has continued constructive discussions with Toshiba as a major shareholder since 2017, including recommending the appointment of Mr. Raymond Zage, who previously served as CEO and Managing Director of Farallon Capital Asia, to the Toshiba Board of Directors. Mr. Zage was appointed as a director of Toshib