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Sanrio Announces Treasury Share Disposal for Employee Incentive Plan

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Sanrio Announces Treasury Share Disposal for Employee Incentive Plan

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Sanrio Company ( (JP:8136) ) has provided an announcement.

Sanrio Company, Ltd. announced the disposal of treasury shares as part of a restricted stock remuneration plan aimed at incentivizing its employees and aligning their interests with those of shareholders. The plan involves allocating 58,510 shares to 955 eligible employees, with restrictions on stock transfer until January 2029, thereby promoting sustained company value and performance alignment.

The most recent analyst rating on (JP:8136) stock is a Buy with a Yen8761.00 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 creation and licensing of iconic characters such as Hello Kitty. The company focuses on character-based products and services, catering to a global market with a strong emphasis on brand value and consumer engagement.

Average Trading Volume: 19,762,296

Technical Sentiment Signal: Buy

Current Market Cap: Yen2134B

See more insights into 8136 stock on TipRanks’ Stock Analysis page.

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