Hahn & Co. Dairy Holdings Sells 0.4% Stake in Namyang Dairy to Maintain Ownership During Buyback

Hahn & Co. Dairy Holdings sold 23,684 common shares of Namyang Dairy in open market from June 23 to June 30, 2026, reducing its stake from 60.23% to 59.83%.
This sale was executed under a pre-announced securities trust agreement to maintain the filer's ownership percentage in response to Namyang Dairy's share buyback and cancellation program disclosed on March 12, 2026.
Namyang Dairy is implementing a treasury stock acquisition plan to purchase 322,476 common shares and 117,312 preferred shares, which will be cancelled as part of a shareholder value enhancement policy.
[AI Summary]This filing reports a minor stake reduction by the major shareholder, but it is a planned transaction to prevent dilution from the company's buyback and cancellation. No new capital raising or control change is implied, and the share cancellation is positive for existing shareholders.