Termination of Treasury Stock Acquisition Trust Agreement upon Expiration... No Additional Buyback or Cancellation, No Impact on Shareholder Value
GIS terminated its treasury stock acquisition trust agreement (contract amount KRW 1 billion) entered into on November 26, 2025, upon its expiration on May 26, 2026
After termination, the 478,467 treasury shares held by the trustee (DB Securities) will be returned to the company in physical shares and cash, and the company will continue to hold them
The company holds a total of 2,200,048 treasury shares (4.59% of total issued shares), of which 1,721,581 shares are deposited with Korea Securities Depository as underlying shares for exchange bonds issued earlier, and will be disposed upon exercise of exchange rights
This trust termination is a routine contractual expiration with no additional share buyback or cancellation plan, thus having no direct impact on shareholder value
KOSDAQ Filing Information
Filing: Report on Major Matters (Decision on Termination of Trust Agreement for Acquisition of Treasury Shares)