The specific money trust for treasury stock acquisition with Shinyoung Securities was terminated on June 19, 2026, upon contract expiration, with a trust contract amount of 1 billion KRW.
During the trust period, ADforus acquired 134,767 common shares for 989.8 million KRW, utilizing 98.98% of the contract amount at an average acquisition price of approximately 7,347 KRW per share.
After termination, the directly held treasury shares total 1,144,067 shares, representing 22.17% of the total outstanding shares of 5,160,770 shares.
No new shares were issued, so there is no dilution impact on existing shareholders. However, the high treasury share ratio may limit future liquidity.
[AI Summary]ADforus completed its treasury stock acquisition trust with no capital dilution. The buyback demonstrates management confidence but the average purchase price above current market price and high treasury ratio of 22.17% suggest potential upward price pressure and liquidity concerns.