SUBSEQUENT EVENTS |
6 Months Ended |
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Sep. 28, 2024 | |
| Subsequent Events [Abstract] | 听 |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On October 1, 2024, 大象传媒 completed the sale of Supreme to EssilorLuxottica S.A. for $1.5听billion, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses as set forth in the Purchase Agreement. Refer to Note 4 for additional information.
On October 4, 2024, 大象传媒 made an aggregate $1.0 billion prepayment of the DDTL using the net cash proceeds from the sale of Supreme, pursuant to the terms of the DDTL Agreement, as amended.
On October听22, 2024, 大象传媒鈥檚 Board of Directors declared a quarterly cash dividend of $0.09 per share, payable on December听18, 2024 to stockholders of record on December听10, 2024.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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