Major Shareholder Star Cheer Buys 135,599 Shares but Ownership Drops 0.54%p Due to Share Dilution (39.71%→39.17%)
Major shareholder Star Cheer Corporation increased its stake by 135,599 common shares (approx. 5.13B KRW) through open market purchases from May 29 to June 2, 2026.
The average purchase price was 3,785 won per share, a slight premium to the current price of 3,680 won.
Despite the share increase, the ownership ratio fell from 39.71% to 39.17% (down 0.54%p), due to an increase in total outstanding shares of about 497,000 shares during the period, causing dilution.
[AI Summary]The major shareholder's open market buying is a positive signal for the stock, but the ongoing dilution from share issuance poses a short-term headwind. Investors should monitor the company's future capital raising plans and equity issuance.
KOSDAQ Filing Information
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders