Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to enter into a KRW 100B treasury stock trust agreement to enhance shareholder value and issued a correction disclosure adjusting the scheduled contract date to April 1, 2024.
📊 [Key Disclosure Details & Financial Summary]
- Filing Type: Correction Report (Target Disclosure: Decision on Conclusion of Treasury Stock Trust Agreement originally submitted on 2024-03-28)
- Correction Details: Correction of typographical error in scheduled contract execution date (Before: 2024-03-29 → After: 2024-04-01)
- Contract Amount: KRW 100,000,000,000 (KRW 100B)
- Contract Period: 2024-04-01 to 2024-09-30
- Purpose of Contract: Enhancement of shareholder value
- Contracting Institution & Broker: SK Securities
- Scheduled Contract Execution Date: 2024-04-01
- Board Resolution Date: 2024-03-28 (3 Outside Directors attended)
- Treasury Stock Holdings Prior to Contract:
- Acquired within dividend availability limit: Common Stock 4,281,076 shares (3.08%)
- Other acquisitions: Common Stock 100,770 shares (0.07%)
- Total Number of Issued Shares: 138,981,036 shares
- Dividend-Available Profit Limit & Acquisition Capacity:
- Commercial Code Dividend-Available Profit Limit: KRW 822,285,429,647 (approx. KRW 822.29B, as of end of FY2023)
- Final Treasury Stock Acquisition Limit: KRW 779,232,636,339 (approx. KRW 779.23B)
- Additional Notes:
- Implemented pursuant to the 2023–2025 shareholder return policy announced in March 2023
- Among shares held under the previous trust agreement (concluded 2023-08-09), 4,231,076 shares are scheduled for retirement on 2024-04-02
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Trust Agreement Execution and Treasury Share Purchase Progress
This disclosure informs the market that SK Square resolved to enter into a KRW 100B treasury stock trust agreement as part of its shareholder return policy and corrected the scheduled contract date. Confirming that the trust agreement is signed as rescheduled on April 1, 2024, and tracking whether the share purchases are executed over the contract period is key to evaluating whether the shareholder return transaction reaches full completion. Related details and progress can be verified through subsequent disclosures or periodic financial reports such as quarterly, half-year, or annual business reports.
📢 Disclaimer & Source Notice
Source: This content was newly generated and structured based on official submission data from the Financial Supervisory Service DART system.
Investment Risk Warning: This content is provided for informational and linguistic 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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