LS Cable Maintains 81.62% Stake in Gaon Cable After Free Stock Acquisition

LS Cable acquired 10,801,356 free shares of Gaon Cable, increasing its total holdings to 24,303,051 shares, but the total outstanding shares increased proportionally, keeping its ownership at 81.62% unchanged.
This free stock acquisition resulted from a pro-rata allocation to existing shareholders via a stock dividend, requiring no cash outflow.
The total outstanding shares rose to 29,777,607, a structure that did not dilute existing shareholder value.
[AI Summary]LS Cable's stake in Gaon Cable remains unchanged at 81.62% after the free stock acquisition, a neutral event with no dilution impact. The share count increase alone is unlikely to directly affect the stock price.