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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: fut_trade who wrote (20083)2/17/1999 5:34:00 AM
From: fut_trade  Read Replies (2) of 27307
 
Yahoo Japan to issue "SELL!" 125 shares to raise 2 bln yen
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Note: Softbank is the major shareholder in Yahoo! Japan.
Softbank does everything BIG -- selling from both barrels!
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Wednesday February 17, 3:40 am Eastern Time

Yahoo Japan to issue 125 shares to raise 2 bln yen

TOKYO, Feb 17 (Reuters) - Yahoo Japan Corp said on Wednesday it would issue 125 shares via a public offering to raise around two billion yen.

The subscription price will be 16.97 million yen per share, said Yahoo Japan, a Tokyo-based unit of U.S. Internet search service provider Yahoo Inc.

The subscription period will be from February 18 to February 19, with payment on March 5, it said.

Sales of the shares will be handled by Daiwa Securities Co Ltd , Osawa Securities Co Ltd, Nomura Securities Co Ltd and Wako Securities Co Ltd .

The company said the new shares will increase its overall number of shares to 6,900 from 6,775.

biz.yahoo.com
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