Toshiba sells more Kioxia shares for ¥360 billion as stake falls to 12.84%

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  • Toshiba sold additional Kioxia shares and raised approximately ¥360 billion in proceeds.
  • Kioxia shares closed at ¥50,590 on September 14, more than 54% below their peak.
  • Toshiba is targeting a fiscal 2028 relisting after becoming privately held in 2023.
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