YeSUN Tech Disposes 81,118 Treasury Shares to Employees as Performance Compensation, No Dilution as Total Shares Unchanged

YeSUN Tech decided to dispose of 81,118 treasury shares to 12 employees via over-the-counter transaction as performance compensation for achieving operating profit surplus under its management improvement program.
The disposal price is 390 KRW per share, the closing price on the day before the board resolution, totaling approximately 31.6 million KRW.
Since the disposal uses existing treasury shares without issuing new shares, the total outstanding shares remain at 33,000,440, and the disposal ratio of 0.25% is negligible, resulting in virtually no dilution of shareholder value.
[AI Summary]YeSUN Tech’s disposal of 81,118 treasury shares for employee compensation does not involve new share issuance, keeping total shares unchanged and minimizing dilution risk. The disposal size at 0.25% of market cap has limited price impact, and while the performance-based reward may boost employee morale, it does not directly benefit existing shareholders through returns.