BIOBIJOU to Buy Back and Cancel 322,100 Shares (Approx. 2.14%) to Enhance Shareholder Value

BIOBIJOU has decided to acquire and cancel treasury shares worth approximately 2.0 billion KRW as part of its shareholder return policy. The planned acquisition is 322,100 common shares (about 2.14% of total outstanding shares) and will be fully cancelled.
The acquisition period runs from June 2, 2026 to August 31, 2026, and will be executed through open market purchases on KOSDAQ via KB Securities.
The maximum allowable amount for treasury share acquisition is approximately 13.53 billion KRW, and this decision is within sufficient financial resources. The company currently holds no treasury shares.
[AI Summary]BIOBIJOU's decision to buy back and cancel 2.0 billion KRW worth of shares reduces outstanding shares, boosting EPS and signaling strong commitment to shareholder value. This is likely to stabilize and positively impact the stock price in the short term, enhancing existing shareholder value.