AIRLINK 181.39 Decreased By ▼ -2.38 (-1.3%)
BOP 11.17 Decreased By ▼ -0.09 (-0.8%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 94.26 Decreased By ▼ -2.18 (-2.26%)
FCCL 46.18 Increased By ▲ 0.01 (0.02%)
FFL 15.66 Decreased By ▼ -0.09 (-0.57%)
FLYNG 28.18 Decreased By ▼ -0.18 (-0.63%)
HUBC 142.77 Decreased By ▼ -0.67 (-0.47%)
HUMNL 13.24 Increased By ▲ 0.24 (1.85%)
KEL 4.53 Increased By ▲ 0.09 (2.03%)
KOSM 5.79 Increased By ▲ 0.02 (0.35%)
MLCF 65.51 Increased By ▲ 0.94 (1.46%)
OGDC 212.88 Decreased By ▼ -1.20 (-0.56%)
PACE 6.05 Increased By ▲ 0.08 (1.34%)
PAEL 46.60 Decreased By ▼ -0.42 (-0.89%)
PIAHCLA 18.17 Increased By ▲ 1.08 (6.32%)
PIBTL 10.61 Increased By ▲ 0.18 (1.73%)
POWER 12.31 Increased By ▲ 0.19 (1.57%)
PPL 170.90 Decreased By ▼ -0.84 (-0.49%)
PRL 34.27 Decreased By ▼ -0.25 (-0.72%)
PTC 22.86 Increased By ▲ 0.47 (2.1%)
SEARL 94.95 Increased By ▲ 2.04 (2.2%)
SSGC 42.47 Increased By ▲ 1.64 (4.02%)
SYM 14.19 Decreased By ▼ -0.01 (-0.07%)
TELE 7.21 Decreased By ▼ -0.07 (-0.96%)
TPLP 9.91 Decreased By ▼ -0.10 (-1%)
TRG 65.55 Decreased By ▼ -1.10 (-1.65%)
WAVESAPP 9.85 Decreased By ▼ -0.28 (-2.76%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
AIRLINK 181.39 Decreased By ▼ -2.38 (-1.3%)
BOP 11.17 Decreased By ▼ -0.09 (-0.8%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 94.26 Decreased By ▼ -2.18 (-2.26%)
FCCL 46.18 Increased By ▲ 0.01 (0.02%)
FFL 15.66 Decreased By ▼ -0.09 (-0.57%)
FLYNG 28.18 Decreased By ▼ -0.18 (-0.63%)
HUBC 142.77 Decreased By ▼ -0.67 (-0.47%)
HUMNL 13.24 Increased By ▲ 0.24 (1.85%)
KEL 4.53 Increased By ▲ 0.09 (2.03%)
KOSM 5.79 Increased By ▲ 0.02 (0.35%)
MLCF 65.51 Increased By ▲ 0.94 (1.46%)
OGDC 212.88 Decreased By ▼ -1.20 (-0.56%)
PACE 6.05 Increased By ▲ 0.08 (1.34%)
PAEL 46.60 Decreased By ▼ -0.42 (-0.89%)
PIAHCLA 18.17 Increased By ▲ 1.08 (6.32%)
PIBTL 10.61 Increased By ▲ 0.18 (1.73%)
POWER 12.31 Increased By ▲ 0.19 (1.57%)
PPL 170.90 Decreased By ▼ -0.84 (-0.49%)
PRL 34.27 Decreased By ▼ -0.25 (-0.72%)
PTC 22.86 Increased By ▲ 0.47 (2.1%)
SEARL 94.95 Increased By ▲ 2.04 (2.2%)
SSGC 42.47 Increased By ▲ 1.64 (4.02%)
SYM 14.19 Decreased By ▼ -0.01 (-0.07%)
TELE 7.21 Decreased By ▼ -0.07 (-0.96%)
TPLP 9.91 Decreased By ▼ -0.10 (-1%)
TRG 65.55 Decreased By ▼ -1.10 (-1.65%)
WAVESAPP 9.85 Decreased By ▼ -0.28 (-2.76%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
BR100 12,588 Increased By 72.3 (0.58%)
BR30 37,879 Decreased By -72.9 (-0.19%)
KSE100 117,316 Increased By 414.5 (0.35%)
KSE30 36,116 Increased By 183.7 (0.51%)

TOKYO: Toyota Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on Thursday, a deal worth 177.5 billion yen ($1.11 billion) as of the latest stock price.

The other sellers are Denso and Toyota Industries , Aisin said, adding the sale price has yet to be determined.

Toyota, the world’s top-selling automaker, said in a separate statement it will reduce its stake in Aisin to 20% from 24.8% of issued shares by selling about 13 million shares.

The latest sale follows a similar move in November when Toyota, Aisin and Toyota Industries decided to sell shares in Denso, an action that sparked investor hopes the automaker would shed more of its cross-shareholdings.

Comments

Comments are closed.