Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK Hynix has decided to dispose of 333,559 treasury shares off-market (valued at approximately KRW 72.7B) to grant performance bonuses in shares to 6,891 participating employees under its corporate value-linked compensation program.
📊 Key Disclosure Contents & Financial Figures
- Number of Shares to Dispose: 333,559 common shares
- Disposal Price Per Share: KRW 218,000 (Based on the closing price on Jan 21, 2025, the day prior to the board resolution)
- Estimated Total Disposal Amount: KRW 72,715,862,000 (~KRW 72.7B)
- Expected Disposal Period: January 23, 2025 – February 21, 2025
- Purpose of Disposal: Granting treasury shares to employees as corporate value-linked performance compensation (Targeting 6,891 participating employees)
- Method of Disposal: Off-market disposal (Direct transfer from company treasury stock account to individual employee accounts)
- Entrusted Brokerage Firm: Hana Securities Co., Ltd.
- Decision Date: January 22, 2025 (Board Resolution, all 6 outside directors present)
- Treasury Share Holdings Prior to Disposal:
- Acquired within dividend availability limit: 19,047,433 common shares (2.6% of total issued shares)
- Other acquisitions: 570 common shares (0.0%)
- Other Important Notes:
- Actual values may vary within the board-approved limit depending on changes in employee headcount, stock price, and final bonus amounts.
- The 19,915,631 treasury shares underlying the Exchangeable Bonds issued on April 11, 2023, are deemed disposed on the issuance date pursuant to Capital Market Act regulations (deposited with the Korea Securities Depository).
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Treasury Share Grant Execution and Balance Changes
This disclosure provides notice regarding the off-market disposal schedule and volume of treasury shares resolved for the employee bonus program. Verifying whether the planned share distribution was completed as scheduled according to disclosed terms and checking the resulting changes in remaining treasury stock balances is important for tracking the company’s exact share counts. Relevant details can be verified in subsequent disclosures and periodic reports (Quarterly, Half-Yearly, and Annual Reports).
📢 Disclaimer & Source Information
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service (DART).
Investment Risk Notice: This content is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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