SamIl Decides to Acquire 834,724 Treasury Shares Worth 1 Billion KRW for Stock Price Stability
SamIl decided on July 20, 2026, through a board resolution, to acquire 834,724 treasury shares worth 1 billion KRW via direct open market purchase on KOSDAQ. This represents approximately 5.15% of total outstanding shares, with the acquisition period from July 21 to October 20, 2026.
The purpose is to stabilize stock price and enhance shareholder value, with Eugene Investment & Securities as the trustee. The company plans to execute the buyback within its retained earnings limit of 28.7 billion KRW.
Prior to this decision, SamIl held 702,870 treasury shares or about 4.33% of outstanding shares. After this acquisition, the treasury share ratio will increase to 9.48%. The expected holding period will be determined based on management and market conditions.
[AI Summary]SamIl's treasury stock acquisition is a proactive shareholder return policy amounting to 5.15% of outstanding shares, expected to positively impact earnings per share and stock price stability. The funding is fully secured within the distributable profit limit, indicating low financial burden and a stable capital structure.
KOSDAQ Filing Information
Report on Major Matters (Decision on Acquisition of Treasury Shares)