Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to directly acquire 1,253,132 treasury shares on the open market, valued at approximately KRW 100B, as part of its shareholder return policy to enhance shareholder value.
📊 [Key Disclosure Details & Financial Summary]
- Disclosure Overview & Purpose
- Disclosure Category: Major Report (Decision on Acquisition of Treasury Shares)
- Purpose of Acquisition: Enhancing shareholder value (Execution under the shareholder return policy announced in March 2023)
- Board Resolution Date: 2024-11-21 (3 Outside Directors attended)
- Terms of Treasury Share Acquisition
- Number of Shares to be Acquired: Common Stock 1,253,132 shares
- Total Estimated Acquisition Amount: KRW 100.00B (100,000,000,000 / Based on closing price on the day prior to board resolution)
- Expected Acquisition Period: 2024-11-25 ~ 2025-02-24
- Acquisition Method: Direct acquisition on the open market through the KOSPI market
- Entrusted Brokerage: SK Securities Co., Ltd.
- Daily Buy Order Limit: Common Stock 125,313 shares
- Treasury Share Holding Prior to Acquisition & Financial Limit
- Holdings Prior to Acquisition: Common Stock 1,418,376 shares acquired within dividend-payable profit limit (1.05% of total issued shares of 134,749,960)
- Treasury Share Acquisition Amount Limit: KRW 677.52B (677,515,463,423)
- Additional Notes on Treasury Holdings: 1,201,904 shares of physical holdings are scheduled to be retired on January 6, 2025
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Progress and Execution of Treasury Share Repurchase Within Acquisition Period
This filing outlines the board approval for SK Square to directly buy back up to KRW 100B worth of treasury shares on the open market in accordance with its shareholder return policy. Monitoring whether the actual share repurchases are executed as planned within the daily order limits during the designated acquisition period is essential for confirming the completion of the buyback execution. Details can be tracked through subsequent regulatory filings, quarterly/half-yearly reports, 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.
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