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LITALICO Inc. Cancels Stock Options with Minimal Fiscal Impact

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LITALICO Inc. Cancels Stock Options with Minimal Fiscal Impact

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LITALICO Inc. ( (JP:7366) ) has issued an update.

LITALICO Inc. has announced the acquisition and cancellation of its 18th, 19th, and 20th round of stock options, originally issued to repay short-term loans for acquiring the Developmental Disability Center of Nebraska, Inc. This decision, facilitated by utilizing cash on hand and bank borrowings, is expected to have a negligible impact on the company’s consolidated performance for the fiscal year.

More about LITALICO Inc.

LITALICO Inc. operates in the education and welfare industry, focusing on services for individuals with disabilities. The company is listed on the Tokyo Prime market and is involved in initiatives that support developmental disabilities.

Average Trading Volume: 159,371

Technical Sentiment Signal: Hold

Current Market Cap: Yen44.64B

For detailed information about 7366 stock, go to TipRanks’ Stock Analysis page.

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