Yakjin Trading increases stake in ONTIDE from 41.65% to 43.27% via open market purchase of 621,784 common shares
The largest shareholder Yakjin Trading increased its stake in ONTIDE from 41.65% to 43.27% by purchasing 621,784 common shares through open market transactions.
The purchases were executed in four batches between June 1 and June 5, 2026, and the shareholder maintains 100% ownership of preferred shares.
As this is an open market purchase by the major shareholder rather than a company buyback, total outstanding shares remain unchanged. The reduction in floating shares may provide support for the stock price.
[AI Summary]The stake increase by Yakjin Trading signals strengthened control and confidence, but no direct shareholder return measures were announced, leading to a neutral overall assessment.
KOSPI Filing Information
Report on Change in Ownership of Major Shareholders, etc.