Treasury Share Trust Agreement Terminated Upon Expiry... Treasury Shares Held at 6.13% Unchanged, No Change in Shareholder Return Policy
The KRW 1 billion treasury share acquisition trust agreement with KB Securities was terminated upon expiration on May 24, 2026. Trust assets (cash and 52,620 treasury shares) will be returned to the company.
After termination, the company continues to hold a total of 602,490 treasury shares (6.13% of total outstanding shares), comprising 600,529 shares acquired within distributable profit range and 1,961 other shares. No plan for cancellation or disposal was disclosed.
At the regular shareholders' meeting on March 31, 2026, the company obtained approval for the holding or disposal plan of treasury shares. This trust termination is in line with existing policy and does not alter shareholder return policy.
This disclosure is a routine termination of a trust agreement upon expiration. It has no direct impact on stock price outlook or investment risk, making it a neutral event.
KOSDAQ Filing Information
Filing: Report on Major Matters (Decision on Termination of Trust Agreement for Acquisition of Treasury Shares)