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[Disclosure] SK Square(402340) – Decision on Disposal of Treasury Shares / 2024-05-30

Posted on May 30, 2024July 31, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

SK Square has decided to dispose of 1,848 treasury common shares (valued at approximately KRW 149.87M) off-market to pay remuneration to outside directors.

📊 [Key Disclosure Details & Financial Summary]

  • Scheduled Number of Shares for Disposal: Common Stock 1,848 shares
  • Target Share Price: Common Stock KRW 81,100 (Based on closing price on May 29, 2024, prior to Board resolution)
  • Total Scheduled Disposal Amount: KRW 149,872,800 (approx. KRW 149.87M)
  • Scheduled Disposal Period: 2024-06-03 to 2024-07-02
  • Purpose of Disposal: Payment of remuneration to 3 outside directors linked to corporate value
  • Method of Disposal: Off-market transaction (Transfer from company treasury stock account to target outside directors’ stock accounts)
  • Entrusted Investment Broker: SK Securities
  • Treasury Stock Holdings Prior to Disposal:
    • Acquired within dividend availability limit: Common Stock 1,422,674 shares (1.06%)
  • Board Resolution Date: 2024-05-30 (3 Outside Directors attended)
  • Additional Notes: Actual number of disposed shares, price, and total amount may vary depending on the actual execution date.

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

📌 Verification of Treasury Stock Disposal Execution and Holdings Variation

This disclosure informs the market of SK Square’s off-market disposal structure to transfer a portion of treasury shares to outside directors as compensation. Verifying whether the share transfer is executed within the announced disposal period is key to determining if the transaction has been properly finalized. Related details and final share count changes can be confirmed through subsequent disclosures or periodic financial reports (Quarterly, Half-Yearly, or Annual Business Reports).

📢 Disclaimer & Source Notice

Source: This content was newly generated and structured based on official submission data from the Financial Supervisory Service DART system.

Investment Risk Warning: This content is provided 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.

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

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