KUMHO ELECTRIC Largest Shareholder Stake Rises by 400,000 Shares on Repurchase Agreement Termination


  • The stake of the largest shareholder and its related parties in KUMHO ELECTRIC increased by 0.48 percentage points from 32.12% to 32.60%.
  • The increase is due to the return of 400,000 shares held by SHINJU PE Co., Ltd. upon termination of a stock repurchase agreement.
  • There is no new capital raising or dilutive effect from the change, which is purely a restructuring of existing holdings.
  • [AI Summary]This filing reflects a stake recovery from a matured repurchase agreement, resulting in a minor increase in largest shareholder ownership without capital inflow or dilution. The impact on shareholder value is limited, though it may signal improved governance stability.

KOSPI Filing Information


  • Report on Change in Ownership of Major Shareholders, etc.
  • Company: KUMHO ELECTRIC (001210)
  • Submission: KUMHO ELECTRIC CO.,LTD
  • Under KRX KOSPI Market Division

  • Shares: 61,880,083
  • Price: 1,002 KRW
  • Market Cap: 62 B KRW