KOREA INFORMATION CERTIFICATE AUTHORITY Trust Agreement Treasury Stock Acquisition Completion Report, Additional 1,025,950 Shares Acquired Bring Total Treasury Stock Ratio to 4.10%
KOREA INFORMATION CERTIFICATE AUTHORITY has fully utilized the 5.68 billion KRW trust agreement with Kiwoom Securities signed on April 10, acquiring 1,025,950 shares through the trust.
Total treasury shares now stand at 1,662,570, representing 4.10% of total outstanding shares, up from the previous 1.57% direct holding.
Major shareholder Daou Technology's stake remains unchanged. The buyback is seen as a measure to support stock price and enhance shareholder value.
[AI Summary]The company completed a 5.68 billion won trust buyback acquiring 1,025,950 shares, raising treasury stock ratio to 4.10%, which supports the stock price but lacks cancellation catalysts for tangible shareholder returns.
KOSDAQ Filing Information
Report on Acquisition Status under Trust Agreement
Company: KOREA INFORMATION CERTIFICATE AUTHORITY (053300)
Submission: KOREA INFORMATION CERTIFICATE AUTHORITY, INCORPORATED