Ubion Decides to Terminate Treasury Stock Acquisition Trust Contract After Completing Acquisition of 525,990 Shares
Ubion has decided to terminate its treasury stock acquisition trust contract entered into on April 14, 2026, effective July 1, 2026. The original contract period was set to expire on October 14, 2026, but early termination was triggered upon full acquisition of the target of 525,990 shares.
The contract amount was 600 million KRW and the trustee was DAISHIN Securities. Upon termination, the acquired 525,990 treasury shares will be returned to the company's securities account, representing 2.75% of total outstanding shares.
Ubion has been conducting an active shareholder return policy, including the cancellation of 580,379 shares from a previous trust in April 2026. The completion of this treasury stock acquisition reduces the number of outstanding shares further, which may positively impact per-share value.
[AI Summary]Ubion terminated a small-scale treasury stock acquisition trust after completion. The acquired shares represent 2.75% of outstanding shares, and combined with the previous cancellation of 580,379 shares, the company shows commitment to shareholder returns. Financial impact is limited but anti-dilution effect is expected to support stock price.
KOSDAQ Filing Information
Report on Major Matters (Decision on Termination of Trust Agreement for Acquisition of Treasury Shares)