KH VATEC Decides to Acquire 231,660 Treasury Shares for Cancellation to Enhance Shareholder Value

KH VATEC announced on June 24, 2026 a board decision to acquire 231,660 treasury shares worth approximately 2.4 billion KRW.
This represents about 0.98% of total outstanding shares and the acquisition period is from June 25 to September 24, 2026.
The purpose is to cancel the acquired shares to enhance shareholder value, expecting stock price stabilization and increased per-share value.
The acquisition will be conducted via open market purchases on KOSDAQ through Hyundai Motor Securities.
The company has a sufficient dividend-distributable limit of approximately 189.7 billion KRW, indicating strong financial capacity.
The expected holding period is at least 6 months but may change depending on future cancellation policies.
[AI Summary]KH VATEC's treasury share acquisition decision, though small at under 1% of outstanding shares, demonstrates commitment to shareholder returns. The company has ample financial capacity and uses a credible counterparty. This move is expected to stabilize the stock price and enhance per-share value.