HPSP Decides to Dispose 86,969 Treasury Shares for Employee Stock Compensation
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Purpose: Granting treasury shares to employees upon fulfillment of stock compensation plans (stock options and RSUs)
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Number of shares: 86,969 common shares (0.1% of total outstanding shares)
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Disposal price: 51,300 won per share (closing price on day prior to board resolution, total approx. 4.46 billion won)
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Disposal period: After board resolution on May 13, 2026, according to individual contracts
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Method: Direct transfer from company treasury account to employee accounts (no consignment securities firm)
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Dilution effect: Negligible as the disposal represents only 0.1% of total outstanding shares
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Note: 1,699,120 shares cancelled on March 13, 2026; 4,410 shares granted on May 11, 2026
KOSDAQ Filing Information
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Filing: Current Report (Decision on Disposal of Treasury Shares)
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Company: HPSP (403870)
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Submission: HPSP
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Receipt: 05-13-2026