Justem Decides to Acquire 126,000 Treasury Shares for Shareholder Value Enhancement and Employee Compensation

Justem has decided to acquire 126,000 treasury shares worth approximately 1.56 billion KRW through a board resolution on June 24, 2026. This represents about 0.55% of total outstanding shares, a small-scale buyback aimed at enhancing shareholder value and securing resources for employee performance compensation.
The acquisition period is from June 25 to September 24, 2026, and will be executed via open market purchases on KOSDAQ through Eugene Investment & Securities. The expected acquisition amount is based on the closing price of 12,400 KRW on the prior trading day and may change due to price fluctuations.
The company is acquiring within the distributable profit limit and currently holds 15,692 treasury shares. While the immediate impact on share count is minimal, the eventual use for employee compensation could lead to future dilution.
[AI Summary]Justem's treasury stock acquisition is a small but positive step for shareholder returns. However, the inclusion of employee compensation purpose introduces potential future dilution, warranting investor caution.