Cancellation of 2,167,958 Treasury Shares Worth 7.5 Billion KRW
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Pavonine resolved to cancel 2,167,958 already acquired treasury shares (book value 7,501,793,131 KRW) to enhance shareholder value.
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The cancellation is scheduled for May 26, 2026; total outstanding shares decrease but capital remains unchanged.
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This filing is an amendment correcting the Fair Trade Commission reporting requirement from 'applicable' to 'not applicable'.
KOSDAQ Filing Information
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[Correction of Description] Decision on Cancellation of Shares
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Company: Pavonine (177830)
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Submission: Pavonine Co., Ltd.
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Under KRX KOSDAQ Market Division
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Shares: 13,493,951
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Price: 2,740 KRW
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Market Cap: 37 B KRW