Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
The company terminated its KRW 50.0B treasury stock acquisition trust contract with Samsung Securities due to contract expiration. A total of 333,800 treasury shares were acquired under this trust and will be returned to the company’s corporate account in cash and physical shares.
📊 [Key Disclosure Contents & Summary of Major Figures]
- Contract Value: Before Termination KRW 50,000,000,000 (KRW 50.0B) / After Termination KRW 0
- Contract Period Before Termination: April 23, 2024 – October 23, 2024
- Purpose of Termination: Termination due to expiration of trust contract period
- Trustee Institution: Samsung Securities Co., Ltd.
- Expected Termination Date: October 23, 2024
- Method of Returning Trust Property After Termination: Return in cash and physical shares (treasury stock)
- Shares Acquired via Trust Contract: 333,800 common shares
- Treasury Shareholdings Before Termination (As of October 23, 2024): 1,446,032 common shares (1.49%)
- Other Material Details:
- Board resolution is not required pursuant to Article 176-2, Paragraph 1 of the Enforcement Decree of the Capital Markets Act due to contract expiration
- Follow-up disclosure regarding the termination of the ‘Decision on Conclusion of Trust Contract for Treasury Stock Acquisition’ filed on April 23, 2024
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Conversion to Direct Holding of Treasury Shares and Completion of Return Process
This disclosure covers the formal transfer of treasury shares acquired through a trustee financial institution back into the company’s direct corporate account upon contract expiration. Verifying that the physical shares and remaining cash are fully transferred and accurately updated in the company’s account is important to confirm the finalization of the trust management process. Relevant holding details and updates can be verified through subsequent corporate filings or regular business reports (quarterly, half-year, annual).
📢 Legal Disclaimer & Source Notice
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service DART system.
Investment Risk Warning: This content is provided strictly 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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