LDT Decides to Acquire Treasury Shares Worth 1.5 Billion KRW, Cancelling 10.2% of Outstanding Shares to Enhance Shareholder Value and Fund Talent Acquisition

LDT decided on June 19, 2026 to acquire 851,788 common shares worth approximately 1.5 billion KRW through open market purchases.
The planned acquisition represents 10.2% of total outstanding shares of 8,347,999 and will take place from June 22 to September 21, 2026.
The purpose is to enhance shareholder value through cancellation and to secure funds for attracting top talent; shares will be held for at least 6 months after acquisition before cancellation.
No treasury shares were held prior to this decision, and the acquisition is within the distributable profit limit of approximately 3.24 billion KRW as of the end of the last fiscal year.
The estimated acquisition price per share is 1,761 KRW, with a daily purchase limit of 83,479 shares, capped at 1% of total outstanding shares.
This large-scale buyback and cancellation is expected to significantly boost earnings per share and shareholder value, though final quantities and amounts may vary due to stock price fluctuations.
[AI Summary]LDT's decision to acquire treasury shares worth 1.5 billion KRW and cancel 10.2% of outstanding shares is highly positive for shareholder value. The execution through a credible securities firm within distributable profit limits minimizes governance risk. The announcement is likely to be a short-term positive catalyst for the stock price.