YJLINK Enters 2 Billion KRW Treasury Stock Acquisition Trust Agreement for Price Stabilization and Employee Compensation
YJLINK has decided to enter into a 2 billion KRW treasury stock acquisition trust agreement to stabilize its stock price and compensate employees.
The contract period runs from June 19, 2026 to December 19, 2026, with NH Investment Securities appointed as the trustee.
The expected number of shares to be acquired is 414,078 shares, representing approximately 1.456% of total outstanding shares, at an acquisition price of 4,830 KRW per share.
The company's distributable profit limit as of the end of the previous fiscal year is approximately 22.176 billion KRW, providing sufficient capacity for this contract.
[AI Summary]YJLINK's treasury stock acquisition trust agreement targets less than 1.5% of outstanding shares, posing low dilution risk and reflecting sound financial health. However, the defensive nature of the fund usage limits upward stock price momentum. The counterparty NH Investment Securities, a major domestic brokerage, lends high credibility to the transaction.
KOSDAQ Filing Information
Major Report (Decision on Entering into a Trust Contract for Acquisition of Treasury Shares)