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Sumitomo Rubber Industries, Ltd. (SMTUF)

11.19

+0.94

+(9.17%)

At close: June 12 at 8:00:00 PM EDT

Goodyear Completes Sale of Dunlop Brand

The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") has completed the previously announced sale of the Company's rights to the Dunlop brand in Europe, North America and Oceania for consumer, commercial and other specialty tires, together with certain associated intellectual property and inventory, to Sumitomo Rubber Industries, Ltd (TYO: 5110) ("SRI"), effective May 7, 2025.

PR Newswire last month

SMTUF
+9.17%

GT
Goodyear Announces Sale of Dunlop Brand to Sumitomo Rubber Industries

The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "Company") today announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial and other specialty tires ("Dunlop Brand"), together with certain associated intellectual property, to Sumitomo Rubber Industries, Ltd. (TYO: 5110) ("SRI").

PR Newswire 5 months ago

SMTUF
+9.17%

GT

Performance Overview

Return	SMTUF	Nikkei 225 (^N225)
年初至今	+9.17%	-5.16%
1-Year	-62.54%	-2.29%
3-Year	-135.22%	+40.19%