Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to retire 4,231,076 treasury common shares (book value of approx. KRW 196.47B) on April 2, 2024.
📊 [Key Disclosure Details & Financial Summary]
- Type and Number of Shares to be Retired: Common Stock 4,231,076 shares
- Total Number of Issued Shares: Common Stock 138,981,036 shares
- Par Value per Share: KRW 100
- Scheduled Retirement Amount: KRW 196,465,782,984 (approx. KRW 196.47B, calculated based on the average acquisition price of KRW 46,434 per share)
- Acquisition Method of Shares to be Retired: Previously acquired treasury shares (To be vested to the company upon expiration of the trust agreement)
- Scheduled Date of Retirement: 2024-04-02
- Entrusted Investment Broker: SK Securities
- Board Resolution Date: 2024-03-28 (3 Outside Directors attended)
- Legal Basis & Nature: Retirement of treasury shares within the scope of dividend-available profit under Article 343, Paragraph 1 of the Commercial Code (Reduces total issued shares, but capital stock remains unchanged)
- Additional Notes: Retiring shares to be returned after trust agreement expiration (2023-08-09 to 2024-03-31); this filing serves as a substitute for a treasury share disposal disclosure; related disclosure is Decision on Conclusion of Treasury Stock Trust Agreement (2023-08-09).
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Scheduled Share Retirement Execution
This disclosure informs the market that SK Square’s Board of Directors resolved to retire 4,231,076 previously acquired treasury shares within the scope of dividend-available profit. Confirming whether the share retirement process is executed on the scheduled date (April 2, 2024) is key to evaluating whether the share cancellation transaction has been fully completed. Relevant details and progress can be verified through subsequent disclosures or periodic financial reports such as quarterly, half-year, 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.
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