Sanrio Company (JP:8136) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into JP:8136 stock, check out TipRanks’ Stock Analysis page.
