Sanrio Company (JP:8136) has released an update.
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Sanrio Company, Ltd. has announced the disposal of 116,400 treasury shares as part of a restricted stock remuneration plan designed to align the interests of employees with shareholders and drive long-term company value. The shares will be allocated to various levels of management and employees, with a total value of 356,184,000 JPY and restrictions on transferability until January 2028. The remuneration plan is a mix of monetary claims and stock, which are set based on company performance and individual contribution.
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