Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Square has decided to enter into a KRW 100B treasury stock trust agreement with SK Securities as part of its shareholder return policy.
📊 [Key Disclosure Content & Major Financial Figures]
- Contract Amount: KRW 100,000,000,000 (KRW 100B)
- Contract Period: 2025-04-01 ~ 2025-09-30
- Purpose of Contract: Enhancing shareholder value (Execution of the 2023–2025 shareholder return policy announced in March 2023)
- Contracted Institution & Brokerage Securities Firm: SK Securities Co., Ltd.
- Scheduled Contract Date: 2025-04-01
- Estimated Shares to be Acquired: 1,003,009 common shares (Calculated based on closing price of KRW 99,700 on the day prior to Board resolution; subject to change based on stock price performance)
- Target Acquisition Price per Share: KRW 99,700 per common share (Based on closing price prior to the Board resolution date)
- Treasury Shares Held Prior to Contract: 1,301,185 common shares (0.97% equity ratio against total issued shares)
- Board Resolution Date: 2025-03-27 (4 outside directors present)
- Commercial Code Statutory Limit for Treasury Stock Acquisition: KRW 465,341,570,926 (Approx. KRW 465.3B based on end-2024 dividend availability limits)
- Other Important Matters: Acquired treasury shares are planned to be used for cancellation or other purposes, with separate Board resolutions and filings to follow upon execution.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Treasury Share Acquisition Execution and Subsequent Cancellation Procedures
Under this decision, SK Square will enter into a KRW 100B trust agreement to acquire treasury stock. Verifying that the treasury stock is actually repurchased during the contract period (April 1 to September 30, 2025) and tracking subsequent Board resolutions and disclosures regarding planned cancellation actions are essential to understanding the execution of share buybacks and subsequent share count changes. Relevant progress can be verified in future official disclosures or upcoming periodic financial reports.
📢 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.
Inquiries: For compliance queries or copyright requests, please contact ksb220805@gmail.com.