Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
SK Hynix, a subsidiary of SK Square, has decided to dispose of 2,731 treasury common shares (valued at approximately KRW 467.00M) off-market as stock grant remuneration for its CEO and outside directors.
📊 [Key Disclosure Details & Financial Summary]
- Name of Subsidiary: SK Hynix Inc.
- Scheduled Number of Shares for Disposal: Common Stock 2,731 shares
- Target Share Price: Common Stock KRW 171,000 (Based on closing price on April 23, 2024, prior to Board resolution)
- Total Scheduled Disposal Amount: KRW 467,001,000 (approx. KRW 467.00M)
- Scheduled Disposal Period: 2024-04-25 to 2024-04-26
- Purpose of Disposal: Payment of remuneration (Stock Grant) to CEO and outside directors
- CEO: Selling restriction for 3 years from payment date
- Outside Directors (6 persons): Selling restriction during term of office
- Method of Disposal: Off-market transaction (Transfer from subsidiary treasury stock account to individual stock accounts)
- Entrusted Investment Broker: SK Securities
- Treasury Stock Holdings Prior to Disposal:
- Acquired within dividend availability limit: Common Stock 39,387,451 shares (5.4%)
- Board Resolution Date: 2024-04-24 (6 Outside Directors attended, 0 absent)
- Additional Notes:
- Actual number of disposed shares, price, and total amount may vary depending on share price fluctuations at the time of payment.
- Treasury stock holdings include 20,336,717 shares underlying exchangeable bonds issued on April 11, 2023.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Treasury Stock Disposal Execution and Holdings Variation
This disclosure is reported by SK Square to inform the market of an off-market treasury share disposal by its subsidiary, SK Hynix, to grant shares as executive compensation. Verifying whether the share transfer is completed within the announced disposal period is key to determining if the transaction execution has been finalized. Relevant details and final share count changes can be confirmed through subsequent disclosures or periodic financial reports.
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Source: This content was newly generated and structured based on official submission data from the Financial Supervisory Service DART system.
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