MHETHANOL completes KRW 518 million treasury stock acquisition, treasury share ratio rises to 15.95%
MHETHANOL acquired a total of 116,842 treasury shares at an average price of KRW 4,433 per share from June 30 to July 20, 2026. The total acquisition amount was approximately KRW 518 million, closely matching the original plan.
As a result, the treasury share ratio increased by 1.58 percentage points to 15.95%, representing 1,177,093 shares held in treasury.
The largest shareholder CEO Choi Dong-ho's holdings remained unchanged. The company intends to use the acquired shares for future stock price stabilization and shareholder value enhancement.
[AI Summary]MHETHANOL completed its planned KRW 518 million treasury stock acquisition, reaffirming its commitment to shareholder returns. The acquisition ratio of 1.58% of outstanding shares is modest, but the treasury holdings may provide support for the stock price. The move is more focused on stabilization rather than a short-term price catalyst.