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Sanrio Company ( (JP:8136) ) has issued an announcement.
Sanrio Company, Ltd. announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2028, reducing the price from ¥2,558.8 to ¥2,545.2 effective April 1, 2025. This adjustment follows a board resolution to pay a year-end dividend of 33 yen, aligning with the conversion price adjustment clauses for the bonds, potentially impacting investor returns and company financial strategies.
The most recent analyst rating on (JP:8136) stock is a Buy with a Yen4500.00 price target. To see the full list of analyst forecasts on Sanrio Company stock, see the JP:8136 Stock Forecast page.
More about Sanrio Company
Sanrio Company, Ltd. operates in the entertainment and merchandising industry, primarily known for its iconic Hello Kitty brand and other character-based products. The company focuses on creating and licensing character goods, contributing significantly to its market presence.
Average Trading Volume: 7,351,422
Technical Sentiment Signal: Buy
Current Market Cap: Yen1414.5B
For a thorough assessment of 8136 stock, go to TipRanks’ Stock Analysis page.