Hansol Chemical Completes Buyback of 218,863 Shares Worth Approximately 60 Billion KRW, Boosting Treasury Share Ratio to 2.60%
Hansol Chemical has completed its treasury stock acquisition plan from May 19 to June 17 2026, purchasing a total of 218,863 shares for approximately 59.998 billion KRW.
The buyback increased the treasury share ratio by about 1.99% to 2.60% of total outstanding shares of 11,012,899 shares.
The actual acquisition amount was 59.998 billion KRW, nearly matching the planned 60 billion KRW, and due to stock price fluctuations, the company acquired 34,813 more shares than the initially planned 184,050 shares.
The average purchase price of approximately 274,328 KRW per share is below the current market price of 297,500 KRW, which is expected to enhance earnings per share.
[AI Summary]The active share buyback program signals a commitment to shareholder value and is likely to support the stock price. However, investors should consider the overall shareholder return policy including dividends for a comprehensive view.