Samhwa Networks Enters into 2 Billion KRW Treasury Share Acquisition Trust, Repurchasing 7.7% of Outstanding Shares to Enhance Shareholder Value
Samhwa Networks announced on June 18, 2026, that its board resolved to enter into a treasury share acquisition trust agreement with NH Investment & Securities for 2 billion KRW.
Under the agreement, the company intends to acquire 1,333,333 shares at 1,500 KRW per share from June 19 to December 18, 2026, representing approximately 7.72% of total outstanding shares of 17,269,173.
The company already holds 2,054,696 treasury shares or 11.88%, and the acquisition will be funded from retained earnings within the distributable profit limit.
This large-scale buyback aims to stabilize the stock price and enhance shareholder value, with potential EPS improvement.
[AI Summary]Samhwa Networks' decision to repurchase 7.7% of its outstanding shares demonstrates a strong commitment to shareholder value. The involvement of reputable NH Investment & Securities reduces counterparty risk, and the company's financial health is solid. The move is positive for the stock price in the near term, though the use of cash for buyback instead of growth investment is neutral.
KOSDAQ Filing Information
Major Report (Decision on Entering into a Trust Contract for Acquisition of Treasury Shares)