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[Disclosure] SK Square (402340) – Decision on Retirement of Shares / 2024-11-21

Posted on November 21, 2024July 31, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK Square has decided to retire 1,201,904 common treasury shares (book value of approx. KRW 90.2B) within the dividend-payable profit limit on January 6, 2025.

📊 [Key Disclosure Details & Financial Summary]

  1. Disclosure Overview & Retirement Share Details
  • Disclosure Category: Major Report (Decision on Retirement of Shares)
  • Type and Number of Shares to be Retired: Common Stock 1,201,904 shares
  • Total Issued Shares: Common Stock 134,749,960 shares
  • Par Value Per Share: KRW 100
  • Total Estimated Retirement Amount: KRW 90.21B (90,212,510,432 / Based on book value)
  • Board Resolution Date: 2024-11-21 (3 Outside Directors attended)
  1. Terms and Details of Retirement
  • Scheduled Retirement Date: 2025-01-06
  • Acquisition Method of Shares to be Retired: Previously acquired treasury shares (Shares returned to company account upon expiration of trust agreement from Apr 1, 2024 to Sep 30, 2024)
  • Entrusted Brokerage for Treasury Share Acquisition: SK Securities Co., Ltd.
  • Additional Notes: Retired within the dividend-payable profit limit, reducing total issued shares without reducing capital stock. The estimated retirement amount is the accounting book value based on the average acquisition cost per share (KRW 75,058).

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

📌 Execution of Stock Retirement and Reflection of Total Share Reduction

This filing details the board decision to retire previously acquired treasury shares. Monitoring whether the share retirement process is executed as scheduled and ensuring that the resulting reduction in total issued shares is properly reflected in the trading system is important for verifying the final completion of the retirement procedure. Details can be tracked through subsequent change of listing filings or the official 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.

Investment Risk Warning: 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 any specific stock. All investment decisions and financial responsibilities rest entirely with the investor.

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

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