MiCo's Free Share Acquisition from KoMiCo Slightly Increases Stake to 41.85 Percent with Neutral Impact on Shareholder Value

MiCo, as a major shareholder of KoMiCo, acquired 4,299,326 free shares on May 27, 2026, increasing its total holdings to 8,598,652 shares.
This resulted from a stock dividend or free issuance by KoMiCo, raising MiCo's stake from 41.10% to 41.85%.
The free share acquisition capitalizes retained earnings without cash outflow, increasing total outstanding shares and diluting per-share value while maintaining proportional ownership.
Stock dividends are considered a neutral shareholder return policy compared to cash dividends.
[AI Summary]KoMiCo's stock dividend dilutes per-share value due to increased share count, but MiCo's slight stake increase and stable governance leave shareholder value impact neutral. The move capitalizes retained earnings without direct growth implications.