Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
To enhance shareholder value, the company decided to retire 379,375 previously acquired treasury common shares (estimated retirement amount: approx. KRW 37.25B) on November 4, 2024. As a retirement funded by dividendable profits, there is no reduction in registered capital.
📊 [Key Disclosure Contents & Summary of Major Figures]
- Share Type & Quantity to be Retired: 379,375 common shares
- Total Number of Issued Shares: 96,993,634 common shares
- Par Value per Share: KRW 100
- Estimated Retirement Amount: KRW 37,254,625,000 (approx. KRW 37.25B) (Calculated by multiplying 379,375 target shares by the closing price of KRW 98,200 on the day prior to the board resolution)
- Acquisition Method of Target Shares: Previously acquired treasury shares
- Scheduled Retirement Date: November 04, 2024
- Board Resolution Date: October 25, 2024 (1 Outside Director attended, Auditor attended)
- Other Material Details:
- Purpose of Retirement: Enhancing shareholder value
- Legal Basis: Proviso of Article 343, Paragraph 1 of the Commercial Code
- Retirement of treasury shares acquired through dividendable profits (profit retirement), resulting in no reduction in capital stock
- The scheduled retirement date is subject to change based on consultations with relevant institutions
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Stock Retirement Execution and Relisting Disclosure Verification
This disclosure details the decision to retire previously acquired treasury shares to boost shareholder value. Tracking whether the retirement process is completed on the scheduled date (November 4, 2024) and verifying the subsequent submission of a relisting disclosure reflecting the reduced total share count is important to confirm corporate action execution. Relevant updates can be verified through subsequent corporate disclosures 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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