Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Jeju Semiconductor has decided to dispose of 100,000 treasury common shares (valued at approximately KRW 2.265 billion) to contribute to its In-House Employee Welfare Fund.
📊 [Key Disclosure Contents & Summary of Major Figures]
- Treasury Share Disposal Details
- Number of Shares Scheduled for Disposal: 100,000 Common Shares
- Target Share Price: KRW 22,650 per share (Closing price of the trading day prior to board resolution)
- Scheduled Disposal Amount: KRW 2,265,000,000 (approx. KRW 2.265B)
- Scheduled Disposal Period: 2024-05-24 ~ 2024-06-28
- Purpose and Method of Disposal
- Purpose of Disposal: Contribution to Jeju Semiconductor In-House Employee Welfare Fund (Pursuant to Representative Director Hyung-Seob Cho’s encumbered gift agreement dated April 30, 2024)
- Method of Disposal: Direct account-to-account share transfer from the company’s treasury share account to the In-House Employee Welfare Fund account (Other method)
- Treasury Share Holdings Prior to Disposal
- Acquisition within Dividend-Distributable Profits: 759,729 Common Shares (2.21% of total outstanding shares)
- Other Acquisitions: 100,000 Common Shares (0.29% of total outstanding shares)
- Total Treasury Shares: 859,729 Common Shares (Adjusted from beginning balance of 1,089,729 shares)
- Board Resolution & Corporate Information
- Board Resolution Date: 2024-05-23 (1 Outside Director Present, Auditor Present)
- Total Outstanding Shares: 34,442,833 shares
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Treasury Share Disposal Execution and Holdings Revision
This disclosure reports Jeju Semiconductor’s board decision to transfer treasury shares to the company’s In-House Employee Welfare Fund. Reviewing the designated share volume and transfer structure is important to track changes in the company’s treasury share balance and welfare contribution execution. Confirmation of the final share transfer and post-disposal treasury share metrics can be verified in upcoming periodic regulatory filings (Quarterly/Half-Yearly/Annual Reports).
📢 Disclaimer and Source Notice
Fact Source: Financial Supervisory Service DART
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