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Toho Titanium Company, Ltd. Issues New Share to JX Holdings Inc and Nippon Steel Corporation
Toho Titanium Company, Ltd. announced that it has decided to issue 10,500,000 shares of common stock, at the price of JPY 1,362 per share, or for JPY 14,301,000,000 in total, through a private placement to JX Holdings Inc (10,000,000 shares) and Nippon Steel Corporation (500,000 shares), effective May 1, 2012. After this, JX Holdings Inc's stake in Toho Titanium Company, Ltd. will become 50.31%, up from 42.55%.
Latest Developments for Toho Titanium Co Ltd
- Toho Titanium Co Ltd Announces Deduction of Yield of Sponge Titanium
- Toho Titanium Co Ltd to Withdraw from Poly Silicone Business; Expects Extraordinary Loss for FY 2013
- Toho Titanium Co Ltd Amends Consolidated Full-year Outlook for FY 2013; Amends Year-end Dividend Forecast for FY 2013
- Toho Titanium Co Ltd Amends Consolidated Mid-year and Full-year Outlook for FY Ending March 31, 2013
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