Toyota offering $4.2 billion in stock to fund Mirai, new hybrids

Filed under: Earnings/Financials, Green, Japan, Sedan, Hydrogen

Toyota is preparing to sell $4.2 billion in special stock that would lock investors in for five years, but pay a higher dividend and could be sold back to Toyota at the issue price so investors wouldn't make a loss.

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Toyota offering $4.2 billion in stock to fund Mirai, new hybrids originally appeared on Autoblog on Thu, 30 Apr 2015 11:30:00 EST. Please see our terms for use of feeds.

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