Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanmi Semiconductor has decided to terminate its KRW 30B treasury stock acquisition trust agreement with Hyundai Motor Securities upon contractual expiration and receive the acquired 518,000 treasury shares and cash back into its corporate account.
📊 [Key Disclosure Details & Financial Figures Summary]
- Termination Details & Contract Amount
- Contract Amount: KRW 30,000,000,000 (KRW 30B) prior to termination / KRW 0 post-termination
- Pre-termination Contract Period: October 17, 2023 ~ April 17, 2024
- Purpose of Termination: Termination upon expiration of trust agreement period
- Contracting Institution: Hyundai Motor Securities Co., Ltd.
- Scheduled Termination Date: April 17, 2024
- Method of Trust Property Return: Return in cash and physical assets (treasury stock)
- Treasury Stock Holdings Prior to Termination
- Common Stock Quantity: 859,600 shares (Acquired within dividend-distributable limit)
- Shareholding Ratio: 0.88%
- Other Details
- Board Resolution Date: N/A (Under Article 176-2, Paragraph 1 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act, board resolution is not required for termination due to contract expiration)
- Trust Acquisition Performance & Future Plan: A total of 518,000 treasury shares were acquired under this trust agreement and will be returned to the company’s corporate securities account. Out of the 518,000 shares to be returned, 345,668 shares are scheduled to be retired following a board resolution on April 18, 2024
- Related Disclosures: October 17, 2023 ‘Decision on Treasury Stock Acquisition Trust Agreement’, February 07, 2024 ‘Matters Related to Timely Disclosure Obligations (Fair Disclosure)’
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Return of Physical Shares to Corporate Account and Treasury Stock Status Transition
This disclosure announces the return of 518,000 treasury shares and remaining cash from Hyundai Motor Securities to the corporate account upon expiration of the trust agreement. Verifying whether the physical shares are returned as scheduled and transitioned from trustee holdings to direct holdings is important for understanding the final structure of treasury stock holdings. The actual return of assets and the updated status of treasury stock can be verified in upcoming periodic disclosures (such as Quarterly Reports, Semiannual Reports, or Annual Reports) under the treasury stock status section or through subsequent public filings.
📢 Disclaimer and Source Notice
Source: This content was newly structured and created based on officially submitted data from the Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service.
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