Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Celltrion submitted a corrected disclosure regarding its KRW 100.0B buyback program, adding a note that open-market treasury share purchases will be temporarily paused until the bonus issue record date (June 10, 2025) pursuant to financial regulations.
📊 [Key Disclosure Details & Financial Summary]
- Disclosure Title: Decision on Acquisition of Treasury Shares (Correction)
- Original Filing & Correction Date: May 20, 2025 / May 28, 2025
- Reason for Correction: Addition of explanatory text regarding temporary suspension of buybacks following bonus issue decision
- Corrected Details:
- Board resolution on bonus issue passed on May 26, 2025
- Under Article 176-2, Paragraph 2, Item 3 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act, no treasury shares will be acquired from the bonus issue resolution date until the record date for new share allocation (June 10, 2025)
- Existing Buyback Plan Details (Unchanged):
- Number of Shares to be Acquired: 649,351 common shares (All acquired shares planned for cancellation)
- Estimated Total Acquisition Amount: KRW 100,000,054,000 (approx. KRW 100.0B / based on closing price of KRW 154,000 prior to board decision)
- Scheduled Acquisition Period: May 21, 2025 ~ August 20, 2025
- Purpose of Acquisition: Share price stabilization and enhancement of shareholder value
- Method of Acquisition & Brokers: On-market purchase via KOSPI / NH Investment & Securities, Meritz Securities
- Board Resolution Date: May 20, 2025 (8 outside directors present)
- Treasury Share Holdings Prior to Acquisition (As of 2025-05-20):
- Acquired within dividend availability: 5,420,368 common shares (2.4%)
- Other acquisitions: 5,004,847 common shares (2.2%)
- Total Treasury Shares: 10,425,215 common shares
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Buyback Resumption Post-Record Date (June 10, 2025) and Subsequent Share Cancellation
This corrected disclosure clarifies that open-market buybacks are temporarily paused until the bonus issue record date (June 10, 2025) in compliance with capital market regulations. It is key to monitor the resumption and completion of remaining treasury share purchases during the remainder of the buyback window (through August 20, 2025) once the record date passes. Tracking the resumption ensures verification of the full execution and retirement of planned buybacks. Final buyback results and retirement status can be verified through the post-completion ‘Report on Results of Treasury Share Acquisition’, subsequent ‘Decision on Cancellation of Treasury Shares’ filings, or upcoming periodic reports (Quarterly, Half-Yearly, or Annual Business Reports).
📢 Disclaimer & Source Information
Source: This content was newly generated and structured based on official data submitted to the Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service.
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