Free Stock Issuance: 0.2 Additional Shares Per Share, Expected to Enhance Shareholder Value
Free stock issuance decision: 0.2 additional shares per common share (total 1,155,124 shares), funded by capital surplus of 28.9 billion KRW. Record date is June 15, 2026, listing expected July 6.
Total outstanding shares increase from 5,777,858 (including 2,235 treasury shares) to 6,932,982, a 20% increase. Existing shareholders receive additional shares without additional capital outlay, benefiting retail investors.
Fractional shares will be paid in cash based on the closing price on the first listing day. This issuance, utilizing capital surplus, is part of shareholder return policy, enhancing shareholder value without dilution.
[AI Comprehensive Analysis]The free stock issuance increases share count without capital infusion, causing no dilution of shareholder value. It signals management's commitment to shareholder returns and is likely to positively impact short-term stock price. However, fundamentals remain unchanged, requiring a long-term perspective.
KOSDAQ Filing Information
Filing: Report on Major Issues (Decision on Free Allocation)