SUNJIN BEAUTY SCIENCE Decides to Acquire 3 Billion Won Treasury Shares to Enhance Shareholder Value
SUNJIN BEAUTY SCIENCE has decided to acquire 445,765 treasury shares worth 3 billion KRW through open market purchases from July 1 to September 30, 2026, aiming to enhance shareholder value.
This represents approximately 3.65% of total outstanding shares, increasing the treasury share ratio to 5.23% after acquisition.
The acquisition will be executed via Shinhan Securities, and the company has sufficient distributable profits to fund the buyback.
[AI Summary]SUNJIN BEAUTY SCIENCE's share buyback is a shareholder return policy supported by solid financial capacity, expected to boost shareholder value through EPS accretion. However, short-term price impact may be limited, so a mid-to-long-term perspective is advisable.
KOSDAQ Filing Information
Report on Major Matters (Decision on Acquisition of Treasury Shares)