Baiksan Decides to Cancel 257,762 Treasury Shares… Expects EPS Enhancement and Stronger Shareholder Returns
Baiksan plans to cancel 257,762 treasury shares on June 30, 2026, representing approximately 1.29% of total outstanding shares.
The cancellation amount is approximately 2.76 billion KRW based on book value, executed within distributable profits without reducing stated capital.
This share cancellation is expected to increase earnings per share and per-share value, reflecting a positive shareholder return policy.
[AI Summary]Baiksan's treasury share cancellation reduces outstanding shares by 1.29% and enhances per-share metrics, benefiting shareholders in the short term. Further cancellations will be a key driver for shareholder value.