Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to cancel 1,007,198 common treasury shares previously acquired, with a book value of approximately KRW 90.6B.
📊 [Key Disclosure Content & Major Financial Figures]
- Type and Number of Shares to be Cancelled: 1,007,198 common shares
- Total Number of Issued Shares: 133,548,056 common shares
- Par Value per Share: KRW 100
- Estimated Cancellation Amount: KRW 90,578,323,338 (Approx. KRW 90.58B; Book value based on average acquisition price of KRW 89,931 per share)
- Method of Acquisition for Cancellation: Previously acquired treasury stock (Acquisitions completed following Board resolution on November 21, 2024)
- Scheduled Cancellation Date: 2025-04-01
- Brokerage Securities Firm: SK Securities Co., Ltd.
- Board Resolution Date: 2025-03-27 (4 outside directors present)
- Fair Trade Commission (FTC) Filing Required: No
- Other Important Matters:
- The cancellation is executed within dividend availability limits, reducing the total number of issued shares without reducing capital stock.
- This filing serves as a substitute for a treasury stock disposal disclosure.
- The scheduled cancellation date is subject to change depending on consultations with relevant authorities.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Confirmation of Actual Share Reduction Following Share Cancellation
This decision involves SK Square cancelling 1,007,198 previously acquired treasury shares, resulting in a reduction of total issued shares without altering capital stock. Confirming that the cancellation procedure is executed as scheduled on April 1, 2025, and properly reflected as a reduction in total outstanding shares is essential for tracking share count changes, and relevant details can be verified in future periodic financial reports or subsequent official disclosures.
📢 Disclaimer and Source Information
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Disclaimer: This content 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 investor.
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