Newspaper errors, arithmetic category
From today's Wall Street Journal:TOYOTA MOTOR CORP. plans to ask for shareholder approval to repurchase shares valued at roughly 200 billion yen, or about $1.8 billion. An article Thursday incorrectly stated that Toyota Motor plans to ask approval to repurchase roughly 200 billion shares.
200 billion shares at Toyota's current price of about $56 per share would constitute about fifty times Toyota's entire market cap. Now that's some financial engineering!
Wall Street Journal, errors
posted by Unknown @ 5/15/2006 09:14:00 AM
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