Bonne completes 1 billion KRW treasury stock acquisition, holding 5.05% of shares to enhance shareholder value
Bonne completed its treasury stock acquisition amounting to approximately 1 billion KRW from April 17 to July 3, 2026.
During the acquisition period, a 5:1 stock split was executed, adjusting pre-split purchases; the final treasury holdings are 423,545 shares, representing 5.05% of total outstanding shares.
The actual acquisition cost of 999,963,409 KRW nearly fully utilized the planned 1 billion KRW budget, excluding transaction fees.
The largest shareholder, Im Seong-gi, maintained his shareholding unchanged.
[AI Summary]Bonne's completion of its share buyback effectively reduces outstanding shares by about 5%, positively impacting EPS and shareholder value. However, it remains to be seen whether the funding came from operating cash flow without financial strain, and future cancellation of the treasury shares could provide additional price momentum.