Leadcorp Decides to Sell 400,000 Treasury Shares to Largest Shareholder; Remaining to Be Canceled
Leadcorp decided on May 6, 2026, to dispose of 400,000 treasury common shares (1.53% of total issued shares) to its largest shareholder, M2N Co., via off-hours block sale.
The disposal price is based on the previous day's closing price of KRX at 3,685 won, with a total amount of approximately 1.474 billion won, subject to change based on the closing price before the disposal date.
The purpose is to strengthen responsible management and enhance execution of mid-to-long term business strategies by providing a stable decision-making structure to the largest shareholder.
After the disposal, any remaining treasury shares (451,283 shares) will be cancelled through future board resolution; 251,283 shares (0.76%) were already cancelled on February 27, 2026.
The net increase in outstanding shares is limited, and the dilution effect on share value is expected to be insignificant.
KOSDAQ Filing Information
Filing: Current Report (Decision on Disposal of Treasury Shares)