Hydro Lithium to Sell 560,620 Treasury Shares for Operating Funds - Floating Stocks to Increase by 0.99%, Limited Dilution Expected
Hydro Lithium Inc decided on April 16, 2026, to sell 560,620 treasury shares in the market to secure operating and facility funds.
The total sale amount is approximately 1.1 billion KRW at a per-share price of 1,971 KRW, based on the closing price before the board resolution. The sale will be executed through NH Investment & Securities and is expected to be completed by June 16, 2026.
The disposed shares represent 0.99% of total outstanding shares, so the company expects a limited dilution effect on the stock price.
This disposal involves all 560,620 treasury shares acquired within distributable profits, meaning the entire treasury stock is being sold.
[AI Summary]Hydro Lithium sells roughly 560,000 treasury shares for about 1.1 billion KRW in operating funds. The 0.99% dilution is relatively small but may exert short-term downward pressure on the share price. Funds will be used for operations and facility investments, supporting future growth.
KOSDAQ Filing Information
Current Report (Decision on Disposal of Treasury Shares)