Asia Holdings Terminates Treasury Stock Acquisition Trust Contract Due to Expiration – No Impact on Shareholder Value
Asia Holdings announced the termination of its treasury stock acquisition trust contract signed on October 16, 2025, due to the contract expiration on April 15, 2026.
The terminated trust contract had a total amount of 3 billion KRW, and the 8,905 shares acquired through the contract will be returned in cash and physical shares.
The termination is a routine expiration of the contract period, requiring no separate board resolution, and does not involve new acquisitions or cancellations.
Asia Holdings currently holds 417,388 treasury shares or 20.27% of its total outstanding shares of 2,058,852.
[AI Summary]This is a routine termination of a treasury stock acquisition trust contract upon expiration, with no new capital outflow or share cancellation, thus no impact on shareholder value. The treasury share ratio remains at 20.27%, and future disclosure on their use is needed.
KOSPI Filing Information
Filing: Report on Major Matters (Decision on Termination of Trust Agreement for Acquisition of Treasury Shares)