Mar 28

Sharp – Samsung completed payment for the issue of new shares of Sharp

Posted in: Today's Chili

We introduced this news about Sharp’s capital alliance with Samsung recently, and today, Sharp announced that they have received payment for their new shares equivalent to 10.4 billion yen (109.3 million USD) from Samsung.
Number of new shares issued: 35,804,000 shares
Issue price: 290 yen per share
Amount of proceeds: 10,383,160,000 yen
Method of offering/allotment: Third party allotment

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