Sanlorenzo Expands Share Capital Amid Strong Growth

Sanlorenzo S.p.A. (IT:SL) has released an update.

Sanlorenzo S.p.A., a leader in luxury yachting, announced a change in its share capital following the exercise of options from its 2020 Stock Option Plan, resulting in the issuance of 20,767 new ordinary shares. The company, renowned for its custom-made yachts and strong heritage, reported net revenues of 840.2 million euros in 2023, highlighting its robust position in the international market. This strategic move is part of Sanlorenzo’s continued growth and adaptation to market demands.

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