Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Jusung Engineering has resolved to enter into a KRW 50B trust contract with Eugene Investment & Securities to acquire treasury shares, aiming to enhance shareholder value and stabilize its stock price.
📊 [Key Disclosure Contents & Major Figures Summary]
- Disclosure Title: Decision on Conclusion of Trust Contract for Acquisition of Treasury Shares
- Contract Amount: KRW 50,000,000,000 (KRW 50B)
- Contract Period: 2024-10-29 to 2025-04-29
- Contract Purpose: Enhancement of shareholder value and stabilization of stock price
- Contracting Trust Institution: Eugene Investment & Securities Co., Ltd.
- Expected Contract Date & Board Resolution Date: 2024-10-29
- Current Treasury Shares Held: 0 shares (The previously held 980,891 shares were fully canceled on July 18, 2024)
- Maximum Legal Limit for Treasury Share Acquisition: KRW 128,298,982,864
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Actual Treasury Share Acquisition Progress Under the Trust Agreement
This disclosure outlines the company’s decision to enter into a KRW 50B trust contract for treasury stock acquisition with Eugene Investment & Securities through April 29, 2025. Verifying the actual acquisition progress under the trust agreement is important for understanding whether the execution of the contract is proceeding as planned. The progress and results of the share acquisitions can be verified through official periodic reports (Annual, Half-Year, or Quarterly Reports) and the official report filed upon the termination of the trust contract on the DART system.
📢 Disclaimer & Source Notice
Source: This content has been re-structured and authored based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Warning: This material is provided strictly for informational and linguistic 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 individual investor.
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