HAN EXPRESS Decides to Acquire Treasury Stock Worth 888 Million KRW, Aiming for Shareholder Value Enhancement and Capital Efficiency

HAN EXPRESS announced on July 16, 2026 a board decision to acquire 400,000 common shares worth approximately 888 million KRW, representing about 3.38% of total outstanding shares, to stabilize stock price and enhance shareholder value.
The acquisition period is scheduled from July 20 to October 19, 2026, executed through open market purchases via Hanwha Investment & Securities. The acquired shares will be held for at least six months after final purchase.
Previously, on July 9, 2026, the company canceled 182,117 treasury shares, reducing outstanding shares to 11,817,883. The company plans to announce a mid-to-long term capital allocation and shareholder return policy through a future corporate value enhancement plan.
[AI Summary]HAN EXPRESS's buyback of approximately 3.4% of outstanding shares signals a clear commitment to shareholder returns and short-term price support, funded within the legal dividend distributable limit without financial strain. However, actual market impact depends on purchase prices and market conditions; the upcoming value enhancement plan will be critical for long-term shareholder value.