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[Disclosure] Jeju Semiconductor (080220) – Decision on Acquisition of Treasury Shares / 2024-04-29

Posted on April 29, 2024August 3, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Jeju Semiconductor has decided to acquire 100,000 treasury common shares over the counter through a free gift from Representative Director Hyung-Seob Cho to contribute to its In-House Employee Welfare Fund.

📊 [Key Disclosure Contents & Summary of Major Figures]

  1. Treasury Share Acquisition Overview
  • Number of Shares Scheduled for Acquisition: 100,000 Common Shares
  • Scheduled Acquisition Amount: N/A (Free gift from Representative Director with no cash expenditure by the company)
  • Expected Acquisition Period: 2024-04-29 ~ 2024-04-30
  • Method of Acquisition: Over-the-counter (OTC) acquisition
  1. Purpose and Details
  • Purpose of Acquisition: Free acquisition with encumbrance to establish and contribute to Jeju Semiconductor In-House Employee Welfare Fund
  • Acquisition Structure: Donated free of charge by Representative Director Hyung-Seob Cho, resulting in zero corporate cash outflow
  1. Treasury Share Holdings Prior to Acquisition
  • Acquisitions within Dividend-Distributable Profits: 759,729 Common Shares (2.21% of total outstanding shares)
  • Other Acquisitions: None (-)
  • Total Treasury Shares: 759,729 Common Shares
  1. Board Resolution & Dividend-Distributable Profit Cap
  • Board Resolution Date: 2024-04-29 (1 Outside Director Present, Auditor Absent)
  • Commercial Code Distributable Profit Cap (as of prior FY-end): KRW 66,984,951,905 (approx. KRW 66.98B)

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Free Treasury Share Acquisition Execution and Post-Acquisition Holdings

This disclosure details Jeju Semiconductor’s board resolution to acquire 100,000 treasury shares free of charge via a donation from Representative Director Hyung-Seob Cho for employee welfare fund contributions. Reviewing the specified share volume and acquisition schedule is important to track changes in the company’s treasury share inventory. Final confirmation of the share transfer and updated treasury share holdings can be verified in future periodic regulatory filings (Quarterly/Half-Yearly/Annual Reports).

📢 Disclaimer and Source Notice

Fact Source: Financial Supervisory Service DART

Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.

Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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