GAMSUNG Announces 2.5 Billion KRW Treasury Stock Acquisition... Shareholder Value Enhancement Combined with Cancellation of Existing Treasury Shares

GAMSUNG Corporation decided on June 23, 2026 to acquire 571,428 treasury shares worth 2.5 billion KRW through open market purchases. The acquisition is part of a shareholder value enhancement plan and will be executed via Samsung Securities by July 31, 2026.
On the same date, the company is proceeding with the cancellation of 640,827 existing treasury shares. This will reduce outstanding shares by approximately 0.7%, likely boosting per-share value.
The company has ample capacity with a treasury stock acquisition limit of approximately 26.5 billion KRW, and the buyback is within the distributable profit limit. The financial burden is limited.
[AI Summary]GAMSUNG strengthens shareholder return policy by combining a 2.5 billion KRW treasury acquisition with cancellation of 640,827 shares. This is positive for existing shareholder value and may support short-term stock price, though the buyback size relative to trading volume limits immediate price impact.