Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
HPSP decided to enter into a new KRW 40,000,000,000 trust contract with Samsung Securities to acquire treasury shares for stock price stabilization and shareholder value enhancement.
📊 [Key Disclosure Contents & Summary Metrics]
1. Trust Contract Overview
- Disclosure Type: Decision on Conclusion of Trust Contract for Treasury Stock Acquisition
- Contract Amount: KRW 40,000,000,000 (KRW 40B)
- Contract Period: May 14, 2024 – November 13, 2024
- Purpose of Contract: Stock price stabilization and enhancement of shareholder value
- Contracted Financial Institution & Brokerage: Samsung Securities Co., Ltd.
- Scheduled Contract Date: May 14, 2024
- Board Resolution Date: May 14, 2024 (Outside Directors Attendance: 3 Present, 0 Absent)
2. Treasury Stock Acquisition Limit & Related Metrics
- Dividend Capacity Limit under Commercial Code: KRW 168,516,257,522 (Based on FY2023 separate financial statements)
- Treasury Stock Acquisition Amount Since Prior Fiscal Year-End: KRW 4,993,350,250
- Dividend Payment Since Prior Fiscal Year-End: KRW 8,235,855,210
- Remaining Treasury Stock Acquisition Limit: KRW 155,287,052,062
3. Treasury Share Status Prior to Contract (As of May 14, 2024)
- Total Common Shares Held: 250,000 shares (0.30% stake)
- Additional Note: The previous trust contract entered into on May 9, 2023, was terminated on May 8, 2024, and 250,000 treasury shares acquired through that contract were deposited into the company’s account.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Actual Treasury Share Purchase Execution and Shareholding Changes
This disclosure details the decision to enter into a new KRW 40B trust contract with Samsung Securities to acquire treasury shares for stock price stabilization and shareholder returns. Monitoring whether the trustee institution actually purchases the scheduled volume of shares during the contract period (through November 13, 2024) is essential for evaluating the company’s commitment to its shareholder return policy and changes in circulating share volume. Relevant execution updates can be verified in future filings titled “Treasury Stock Acquisition Result Report” and the “Status of Treasury Stock Acquisition and Disposal” section in Regular Business Reports.
📢 Disclaimer and Source Information
Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Notice: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial liabilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright concerns, please contact ksb220805@gmail.com.
