BITComputer completes acquisition of 214,478 treasury shares... largest shareholder also buys on market, enhancing shareholder value
Completed treasury stock acquisition: From May 18 to 29, 2026, a total of 214,478 shares (exceeding the planned 208,560) were acquired for approximately 1.0 billion won (exactly 1,000,042,335 won) at an average price of 4,663 won, slightly above the current market price of 4,505 won.
Post-acquisition treasury share holdings: Treasury shares represent 10.45% (1,736,657 shares) of total outstanding shares (16,623,293), contributing to per-share value enhancement.
Largest shareholder additional purchase: CEO Jo Hyeon-jeong acquired 33,725 shares on the open market (increasing holdings from 4,100,174 to 4,133,899 shares), signaling insider confidence and perceived undervaluation.
AI Comprehensive Analysis: This treasury stock acquisition is a modest buyback that nearly exhausted the planned amount, but combined with the largest shareholder's concurrent purchase, it demonstrates commitment to shareholder value. However, given the buyback size is only 1.3% of market cap, the short-term price impact is limited; substantial effect would require additional measures such as share cancellation or dividend policy.
KOSDAQ Filing Information
Filing: Report on Treasury Stock Acquisition Results