S-CHEM Announces 500M KRW Share Buyback... Aiming to Enhance Shareholder Value and Stabilize Stock Price

S-CHEM's board resolved on May 29, 2026 to acquire approximately 120,481 treasury shares (worth 500M KRW) via open market purchase
The buyback period is from June 1 to August 31, 2026, with NH Investment & Securities as the entrusted broker
Purpose stated as 'price stabilization and employee performance compensation', indicating some shares may be used for incentive plans
The company held no treasury shares prior to this decision, and the acquisition is within distributable profit limits, minimizing financial strain
The 500M KRW buyback is within the legal limit of ~656M KRW as of the previous fiscal year-end
Approximately 1.52% of total outstanding shares will be repurchased, slightly improving book value per share
[AI Comprehensive Analysis]The buyback decision signals commitment to price stabilization, but the size is limited (≈1.5% of market cap) and no cancellation plan is disclosed, thus the shareholder value enhancement effect is modest. It may provide short-term downside support but has limited substantive return impact