WON TECH Signs 5 Billion KRW Treasury Stock Acquisition Trust to Stabilize Stock Price and Enhance Shareholder Value
WON TECH announced on June 22, 2026, that its board resolved to sign a 5 billion KRW treasury stock acquisition trust agreement with Samsung Securities. The contract period is six months from June 22 to December 22, 2026, and the expected number of shares to be acquired is approximately 851,788 shares, representing about 0.95% of total outstanding shares.
The purpose of this treasury stock acquisition is to stabilize the stock price, provide employee compensation, and enhance shareholder value. In addition to the 849,473 shares already held, the company plans to support the stock price through additional purchases. A separate disclosure also indicates a planned cancellation of 300,000 treasury shares, which is expected to contribute to increasing per-share value.
From a financial perspective, WON TECH has sufficient resources with a dividendable profit limit of approximately 98.6 billion KRW under the Commercial Act as of the end of the previous fiscal year. The 5 billion KRW contract amount is within this limit. The acquisition price is set at 5,870 KRW based on the market price, but actual purchase prices may vary due to future stock price fluctuations.
[AI Summary]WON TECH's treasury stock acquisition trust agreement, along with the planned cancellation, is a positive signal as part of its shareholder return policy. However, the acquisition size is less than 1% of market capitalization, so the short-term impact on stock price may be limited. Future actual buyback execution and additional shareholder return policies will be key variables for the stock price.
KOSDAQ Filing Information
Major Report (Decision on Entering into a Trust Contract for Acquisition of Treasury Shares)