Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Jeju Semiconductor decided to dispose of 330,000 treasury shares (valued at approximately KRW 9.49B) via block sale during off-hours to secure working capital for purchasing raw materials.
📊 Key Disclosure Contents & Major Figures
1. Treasury Stock Disposal Overview & Purpose
- Purpose of Disposal: Securing working capital for purchasing raw materials
- Scheduled Disposal Shares: 330,000 Common Shares
- Disposal Price Per Share: KRW 28,750 per share (applied a 4.8% discount rate to the closing price of KRW 30,200 on Feb 20, 2024)
- Estimated Disposal Amount: KRW 9.49B (KRW 9,487,500,000)
- Scheduled Disposal Period: February 22, 2024 ~ February 22, 2024
- Method of Disposal: Off-hours block trade (330,000 shares)
- Entrusted Investment Broker: NH Investment & Securities
2. Treasury Stock Holdings Prior to Disposal
- Direct Acquisition Quantity (within dividend availability): 1,089,729 Common Shares (3.27% of total issued shares)
- Total Issued Shares: 34,442,833 shares
3. Board Resolution & Other Reference Details
- Board Resolution Date: February 21, 2024
- Board Attendance Status: Outside Directors: 0 Present (1 Absent), Auditor: Absent
- Trade Details: The disposal is scheduled via off-hours block trade prior to market open on Feb 22, 2024. The actual disposal amount may vary based on the 4.8% discount applied to the closing price on Feb 21, 2024.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Treasury Stock Disposal Execution and Remaining Holdings
This disclosure represents a preliminary notice regarding the decision to dispose of treasury stock via off-hours block trade to fund raw material procurement. Verifying whether the planned volume and disposal amount were executed as scheduled and tracking the changes in remaining treasury stock holdings is important to understand the capital procurement and equity structure. Relevant details can be verified in future subsequent disclosures or periodic reports including annual, semi-annual, or quarterly reports.
📢 Disclaimer & Source Notice
Fact Source: Financial Supervisory Service DART
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