Taewonmulsan Decides Treasury Share Acquisition of Approximately 800 Million KRW, Expected to Stabilize Stock Price and Enhance Shareholder Value

Taewonmulsan's board decided on June 22, 2026 to acquire 329,218 common shares worth approximately 800 million KRW through open market purchases.
The purpose is to stabilize stock price and enhance shareholder value, with execution from June 23 to September 22, 2026 via NH Investment & Securities.
This acquisition represents 4.33% of total outstanding shares, and combined with existing treasury shares of 266,893 shares, the total treasury stake will reach 7.84%.
The daily purchase limit is set at 32,921 shares, and the company has ample distributable profit limit of approximately 19.6 billion KRW as of the end of the prior fiscal year.
[AI Summary]Taewonmulsan's treasury share buyback can provide short-term support for the stock price, but the use of cash for shareholder returns rather than productive investment limits long-term growth potential. While stock price stabilization is expected, additional business expansion strategies are needed for sustainable value creation.