Hyundai Home Shopping corrects capital reduction from 2,306,083 shares to 146 shares, combined with profit-based cancellation of 792,250 treasury shares
Correction of capital reduction decision for subsidiary Hyundai Home Shopping: Reduction target shares reduced from 2,306,083 to actual 146 ordinary shares (ratio 0.001%).
Reason: Arbitrary cancellation of treasury shares arising from exercise of appraisal rights by dissenting shareholders in comprehensive stock exchange procedure. Record date: June 26, 2026.
Separately, profit-based cancellation of 792,250 treasury shares (approx. 6.6% of outstanding shares) resolved on Feb 11, 2026, to proceed on same record date.
Hyundai Home Shopping is scheduled for delisting following the comprehensive stock exchange, with trading suspension from June 26 to July 16, 2026, then delisting.
KOSPI Filing Information
Filing: [Correction of Description] Report on Major Matters (Capital Reduction Decision) (Major Management Matters of Subsidiary)