Shinwon to Buy Back 2 Million Shares (2.2B KRW) to Enhance Shareholder Value… Treasury Ratio to Rise to 23.5%

Shinwon's board decided on May 28, 2026 to acquire 2 million common shares (approx. 2.2B KRW, at 1,101 KRW per share) through open market purchases. The acquisition period is from May 29 to August 28, 2026, based on the prior day's closing price.
The purpose is to stabilize the stock price and enhance shareholder value, reflecting management's view of undervaluation and commitment to shareholder returns.
With existing treasury shares of 25 million (21.8% of outstanding), the new purchase will increase total treasury shares to 27 million (approx. 23.5%). Future cancellation will be decided later.
The remaining limit for treasury share acquisition is about 73.2B KRW, leaving ample room for further buybacks. The daily purchase limit is set at 200,000 shares.
[AI Comprehensive Analysis]The buyback is a positive short-term signal, but the scale is relatively small (~1.7% of market cap), so the price impact may be limited. The high treasury ratio (23.5%) suggests potential for future cancellation or governance use, making further shareholder return policies key.