Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK Hynix has decided to dispose of 980,520 treasury shares off-market (valued at approximately KRW 196.6B) to grant them to 32,684 active employees to strengthen corporate unity and foster continuous growth.
📊 Key Disclosure Contents & Financial Figures
- Number of Shares to Dispose: 980,520 common shares
- Disposal Price Per Share: KRW 200,500 (Based on the closing price on Feb 25, 2025, the day prior to the board resolution)
- Estimated Total Disposal Amount: KRW 196,594,260,000 (~KRW 196.6B)
- Expected Disposal Period: February 27, 2025 ~ February 27, 2025 (1 day)
- Purpose of Disposal: Granting treasury shares to employees to foster continuous growth and strengthen labor-management unity (Target headcount: 32,684 employees, excluding executives)
- Method of Disposal: Off-market disposal (Direct transfer from company treasury stock account to individual employee accounts)
- Entrusted Brokerage Firms: SK Securities Co., Ltd., Hana Securities Co., Ltd.
- Decision Date: February 26, 2025 (Board Resolution)
- Treasury Share Holdings Prior to Disposal:
- Acquired within dividend availability limit: 18,722,154 common shares (2.6% of total issued shares)
- Other acquisitions: 570 common shares (0.0%)
- Other Important Notes:
- Actual figures may vary within the board-approved limit depending on changes in headcount and stock price at the time of distribution.
- The 19,915,631 treasury shares underlying the Exchangeable Bonds issued in April 2023 are deemed disposed on the issuance date pursuant to Capital Market Act regulations.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Treasury Share Grant Execution and Share Holdings Change
This disclosure notifies the off-market transfer of treasury shares to employees for the purpose of fostering continuous growth and strengthening labor-management unity. Checking whether the planned share volume was executed according to disclosed terms and verifying the resulting changes in treasury share balances is important for accurately tracking the company’s remaining treasury share inventory. The final execution details and updated share counts can be verified in subsequent disclosures and periodic reports (Quarterly, Half-Yearly, and Annual Reports).
📢 Disclaimer & Source Information
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service (DART).
Investment Risk Notice: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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