On Monday, Toshiba Corp said it aims to split into two companies, instead of three as previously planned. The company aims to split its device business and not its infrastructure business. The Japanese conglomerate now plans to increase shareholder returns to… Read More ›
shareholder returns
Midst Elliot Management pressure Hyundai Motor cancels treasury shares worth $890 million
The measure is part of a wider scheme to boost shartholder’s returns. On Friday, in a development that marks its first share cancellation in fourteen years, Hyundai Motor stated it plans on canceling treasury shares worth $890 million (960 billion… Read More ›