Omnisystem Announces 2 Billion KRW Treasury Stock Acquisition to Boost Shareholder Value, Representing 5.4% of Outstanding Shares
On June 12, 2026, Omnisystem's board resolved to acquire approximately 2 billion KRW worth of treasury shares. The open market purchase on KOSDAQ will run from June 15 to September 14, 2026, aimed at stabilizing the stock price and enhancing shareholder value.
The planned acquisition of about 3.19 million shares corresponds to approximately 5.38% of total outstanding shares, which is expected to increase existing shareholders' equity value. The acquisition is within the legally distributable profit limit of approximately 23.7 billion KRW as of the end of the previous fiscal year, indicating sufficient financial capacity.
[AI Summary]This treasury stock acquisition decision, covering 5.38% of outstanding shares, is positive for shareholder value enhancement. Funding from distributable profits limits financial burden, and open market purchases should support the stock price.
KOSDAQ Filing Information
Report on Major Matters (Decision on Acquisition of Treasury Shares)