Toshiba Corp's shareholders have endorsed all 13 of the company's board of directors candidates, seven of which were newly appointed, while six were reappointed, the Nikkei Asia reported on Tuesday.
The proposed directors include two nominated by activist shareholders in a move that is expected to help the Tokyo-based conglomerate expedite its potential buyout.
The company traded 0.72% in the green at 6:21 am CET on Tuesday.