Knowmerce Corp. acquires 93,189 treasury shares via Samsung Securities trust, boosting total holding to 1.3%

Knowmerce Corp. acquired a total of 93,189 common shares worth approximately 1 billion KRW from June 26 to July 6, 2026 under a trust agreement with Samsung Securities.
This acquisition raises the company's total treasury stock holding to 1.3% of outstanding shares, comprising 0.84% held through the trust and 0.4% held directly.
The average purchase price of 10,730 KRW per share was below the current market price of 11,170 KRW, which is accretive to shareholder value.
The trust contract runs until December 31, 2026, with 99.99% of the 1 billion KRW contract amount utilized.
The largest shareholder CEO Kim Young-joon's stake remained unchanged at 2,465,400 shares.
[AI Summary]Knowmerce's treasury stock acquisition via trust, though small, supports the stock price by buying below market and signals confidence. The use of a highly credible counterparty Samsung Securities enhances governance stability. However, the undisclosed purpose of the acquisition warrants monitoring of future disposal plans.