TEMC Decides to Acquire 31.17% of Its Own Shares Worth KRW 35 Billion
TEMC decides to acquire 3,106,824 common shares (31.17% stake) from its existing major shareholder, Woori Shinyoung Growth Cap No.1 Private Investment Mutual Company, for KRW 35 billion in cash
Purpose of acquisition is new business expansion and business diversification; expected acquisition date is June 5, 2026
After acquisition, TEMC's treasury stock holding ratio will be 31.17% (3,106,824 shares)
Acquisition cost is equivalent to 8.30% of total assets and 12.02% of equity capital
KOSDAQ Filing Information
Filing: Decision on Acquisition of Stocks and Investment Securities of Other Corporations