Decision to Cancel Fractional Shares from Merger... 21 Shares Reduction, Negligible Impact on Shareholder Value
CP SYSTEM resolved at the board meeting to cancel 21 fractional shares arising from the merger ratio application
The cancellation amount is 45,228 won (face value 100 won), using already acquired treasury shares
Scheduled cancellation date is June 8, 2026, reducing total outstanding shares by 21 without capital reduction
This represents 0.00006% of total outstanding shares (36,436,626), resulting in negligible impact on circulating shares
[AI Comprehensive Analysis]This disclosure is a routine procedure to clean up fractional shares from a merger, with no connection to corporate value or shareholder return policy. The impact on stock price is virtually zero.