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Sanrio Completes Treasury Share Disposal with Adjustments
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Sanrio Completes Treasury Share Disposal with Adjustments

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Sanrio Company ( (JP:8136) ) just unveiled an update.

Sanrio Company, Ltd. has announced the completion of its disposal of treasury shares for restricted stock remuneration, a move initiated in August 2024. The allocation of shares was adjusted due to the partial loss of rights, as 29 individuals declined their allotted shares, affecting the total number of shares disposed. Despite these changes, Sanrio confirmed that its financial forecasts for the fiscal year ending March 31, 2025, remain unchanged, indicating stability in its financial outlook.

More about Sanrio Company

Sanrio Company, Ltd. operates in the character licensing and merchandising industry, primarily known for creating and marketing iconic characters such as Hello Kitty. The company is focused on developing products and services that leverage its character intellectual properties and has a significant presence in the entertainment and retail sectors.

YTD Price Performance: -7.75%

Average Trading Volume: 933

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.46B

See more data about 8136 stock on TipRanks’ Stock Analysis page.

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