Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to terminate its KRW 100B treasury share acquisition trust contract due to its expiration and receive the trust assets (cash and 1,271,904 treasury shares) returned to the company.
📊 [Key Disclosure Details & Financial Summary]
- Disclosure Overview
- Disclosure Category: Major Report (Decision on Termination of Trust Contract for Treasury Share Acquisition)
- Purpose of Termination: Expiration of trust contract period (Contract period prior to termination: 2024-04-01 ~ 2024-09-30)
- Scheduled Termination Date: 2024-09-30
- Trust Institution: SK Securities Co., Ltd.
- Contract Amount & Trust Asset Return Terms
- Contract Amount Prior to Termination: KRW 100.00B (100,000,000,000) -> After termination: –
- Method of Return of Trust Assets After Termination: Cash and physical (treasury shares) return
- Number of Treasury Shares Returned (Deposited) via Trust Contract: Common Stock 1,271,904 shares
- Treasury Share Holdings Prior to Termination
- Shares Acquired Within Dividend-Payable Profit Limit: Common Stock 1,420,826 shares (1.05% of total issued shares)
- Quantity Deposited via Trust Contract: Common Stock 1,271,904 shares
- Existing Treasury Shares Held: Common Stock 148,922 shares
- Additional Notes: No separate board resolution required pursuant to Article 176-2 of the Enforcement Decree of the Capital Markets Act as the termination is due to contract expiration
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Return of Trust Assets and Confirmation of Treasury Share Physical Deposit
This filing details the process of terminating the trust contract upon expiration and receiving the treasury shares acquired through the trust along with remaining cash back into the company’s account. Confirming whether the 1,271,904 treasury shares and residual cash were returned and successfully deposited into the company’s direct treasury account is important for verifying the asset transfer and holding status. Related progress can be tracked through subsequent regulatory disclosures, quarterly/half-yearly reports, or the annual report.
📢 Disclaimer & Source Notice
Source: This content was structured and regenerated based on official data filed with the Financial Supervisory Service’s DART system.
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