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[Disclosure] SK Square (402340) – Decision on Disposal of Treasury Shares / 2025-01-23

Posted on January 23, 2025July 31, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK Square’s major subsidiary, SK Hynix, has decided to dispose of 333,559 treasury shares off-market, valued at approximately KRW 72.7B, to pay bonuses to employees.

📊 [Key Disclosure Details & Financial Summary]

  1. Disclosure Overview
  • Disclosure Category: Major Report / Report on Major Management Matters of Subsidiary (Decision on Disposal of Treasury Shares)
  • Board Resolution Date: 2025-01-22 (6 Outside Directors attended)
  1. Terms of Treasury Share Disposal
  • Number of Shares to be Disposed: Common Stock 333,559 shares
  • Price Per Share: Common Stock KRW 218,000 (Based on the closing price on Jan 21, 2025, the day prior to the board resolution)
  • Total Estimated Disposal Amount: KRW 72.72B (72,715,862,000)
  • Scheduled Disposal Period: 2025-01-23 ~ 2025-02-21
  • Purpose of Disposal: Payment of treasury share bonuses to employees for corporate value-linked compensation (Targeting 6,891 participating employees in the Shareholder Participation Program)
  • Disposal Method: Off-market disposal (Transfer from company treasury account to individual employee accounts)
  • Entrusted Brokerage: Hana Securities Co., Ltd.
  1. Treasury Share Holding Prior to Disposal
  • Acquisition within Dividend-Payable Profit Limit: Common Stock 19,047,433 shares (2.6% of total issued shares)
  • Other Acquisitions: Common Stock 570 shares (0.0%)
  • Total: Common Stock 19,048,003 shares

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Execution of Treasury Share Bonus Distribution to Employees as Planned

This disclosure details the decision by SK Square’s major subsidiary, SK Hynix, to dispose of treasury shares following a board resolution to pay part of the performance bonuses in shares to participating employees. Confirming whether the share delivery process was successfully completed as disclosed within the scheduled disposal period is important for determining if the bonus payment transaction has been fully executed according to plan. Related details can be tracked through subsequent regulatory disclosures or the official annual report.

📢 Disclaimer & Source Notice

Source: This content was structured and regenerated based on official data filed with the Financial Supervisory Service’s DART system.

Investment Risk Warning: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial responsibilities rest entirely with the investor.

Contact Info: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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