National Pension Service demands explanation of treasury share cancellations… Shinyoung 1trillion won · K Auction 80million won
The Government Employees Pension Service 6in 5sent investor letters demanding explanations from listed companies that did not cancel treasury shares. During the same period, Shinyoung Securities and K Auction, among others, announced treasury share cancellations worth 1trillion won and 80million won, respectively.
The Government Employees Pension Service 6in 5sent investor letters demanding explanations from listed companies that did not cancel treasury shares. The letters requested explanations of the reasons for not carrying out the cancellations and plans for returning value to shareholders. The specific list of target companies was not included in the article.
K Auction announced that it had decided 6in 4to cancel treasury shares worth 80million won. The company disclosed the background and procedures for the cancellation in its announcement. The scheduled timing of the cancellation and changes in the number of issued shares after the cancellation can be confirmed in the disclosure.
Shinyoung Securities announced that it had decided 6in 4to cancel treasury shares worth 1trillion won. The company specified the cancellation amount and implementation procedures in its disclosure. The completion timing and related details will be provided in a separate disclosure.
The CEO of Pharos iBio6month 4announced that they had purchased company shares in their own name. The CEO cited responsible management as the reason for the purchase. The number of shares purchased and the purchase price can be confirmed in the disclosure.
Hyundai E&C management2also plans to purchase company shares in the 6quarter, the company said on 4. The company explained that the management purchase was intended to strengthen responsible management. The specific purchase size and schedule will be provided in a subsequent disclosure.
Kona I6month 5treasury shares worth 50hundred million won, the company announced. The company described the purchase as a shareholder-return initiative following the dividend. The purchase method and the planned purchase period can be confirmed in the disclosure.