BITComputer completes treasury stock acquisition of 235,797 shares worth 1.0 billion won, boosting shareholder value through buyback
BITComputer acquired a total of 235,797 treasury shares through open market purchases from June 1 to June 22, 2026, at a total cost of approximately 1.0 billion won.
This acquisition represents about 1.42% of total outstanding shares and was executed close to the planned amount of 1,000,110,000 won.
Major shareholder Cho Hyun-jung increased his stake by 10,021 shares during the same period, indicating insider confidence.
[AI Summary]This treasury stock buyback reduces outstanding shares and may support the stock price, but the relatively small scale of 1.4% limits immediate impact on shareholder value. The move signals management's commitment to shareholder returns.