Decision to Retire 265,128 Treasury Shares to Enhance Shareholder Value
SEBO MANUFACTURING ENGINEERING decided to retire 265,128 treasury shares on May 7, 2026 to enhance shareholder value. The retirement amount is approximately 1,653 million won based on book value (500 won per share).
After retirement, total issued shares will decrease from 10,350,000 to 10,084,872, but capital remains unchanged (retirement within distributable profits).
This retirement is under Article 343(1) proviso of the Commercial Act, and no additional acquisition is made as the shares are already held.