Proxy advisers ISS, Glass Lewis back all Toshiba director nominees

By Makiko Yamazaki

Technology
Tuesday, 14 Jun 2022
3:23 PM MYT

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FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato

TOKYO (Reuters) -Two influential proxy advisers have both recommended voting for the appointment of all Toshiba Corp director nominees including two from activist shareholders, despite objection to the move from within the board.

Proxy advisers Institutional Shareholder Services Inc (ISS) and Glass Lewis backed all 13 candidates including those from Elliott Management and Farallon Capital Management, according to their reports issued by Tuesday.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWGI	0.130	0.135	0.115	0.115	-0.030	-20.69	1,920,422
HSI-PWHI	0.185	0.205	0.180	0.205	0.030	17.14	1,625,184
HSI-CWGS	0.110	0.110	0.080	0.085	-0.030	-26.09	1,113,937
HSI-CWGX	0.210	0.215	0.180	0.190	-0.030	-13.64	1,113,245
NEXG	0.530	0.535	0.525	0.530	0.000	0.00	1,055,931
HSI-PWH2	0.150	0.160	0.145	0.160	0.015	10.34	731,674
HSI-PWHV	0.170	0.195	0.165	0.195	0.035	21.88	718,818
TANCO	0.925	0.925	0.825	0.835	-0.090	-9.73	579,086
ZETRIX	0.845	0.855	0.830	0.845	0.000	0.00	491,157
PHARMA	0.170	0.170	0.155	0.160	-0.020	-11.11	476,834
LCTITAN	0.680	0.755	0.665	0.720	0.040	5.88	429,549
SFPTECH	0.180	0.185	0.150	0.160	-0.025	-13.51	396,969
HSI-PWJF	0.140	0.150	0.135	0.150	0.020	15.38	262,032
EKOVEST	0.405	0.410	0.395	0.405	0.000	0.00	208,511
YTLPOWR-C77	0.045	0.050	0.040	0.050	0.000	0.00	198,829

Proxy advisers ISS, Glass Lewis back all Toshiba director nominees

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Proxy advisers ISS, Glass Lewis back all Toshiba director nominees

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