WATOSCOREACEO Song Tae-yang Increases Stake by 1.53 Percent to 23.83 Percent via Open Market Purchase
Song Tae-yang, CEO of WATOSCOREACO., reported the purchase of 110,353 common shares through open market transactions on July 6 and 7, 2026. The purchase prices were 4,610 KRW and 4,445 KRW per share, below the current market price of 4,745 KRW.
The acquisition increased his stake from 22.30 percent to 23.83 percent, a rise of 1.53 percentage points. As an insider buy, this signals management confidence in the company's value to the market.
The purchase represents approximately 1.53 percent of the total outstanding shares of 7.2 million and does not involve any capital change or dilution. The company's financial structure remains unaffected.
[AI Summary]The CEO's open market purchase, while modest in size, is a positive confidence signal from management. The stake increase occurred without dilution to existing shareholders and may provide short-term price support. However, the absolute size is too small to significantly alter market dynamics.
KOSDAQ Filing Information
Report on Ownership of Specific Securities by Executives and Major Shareholders