KidariStudio terminates treasury stock trust after acquiring 2.2% of shares, supporting shareholder value
KidariStudio terminated its specific money trust contract with Kiwoom Securities for treasury stock acquisition on June 24, 2026.
By termination, the company accumulated a total of 817,247 shares worth approximately 3.085 billion KRW, representing 2.2% of total outstanding shares of 37,063,766.
After termination, these shares are held directly by the company as treasury stock, resulting in no additional market supply or dilution effect.
Although the buyback is not followed by cancellation, the acquisition of 2.2% of shares provides positive demand-side support and may contribute to stock price stability.
No additional capital expenditure is required from the trust termination, and there is no financial burden.
[AI Summary]KidariStudio completed a treasury stock buyback of approximately 3.085 billion KRW, representing 2.2% of outstanding shares, and terminated the trust. This sends a positive signal to the market, but the lack of cancellation may limit long-term shareholder value enhancement. The buyback provides short-term price support, but additional shareholder return measures may be needed.