Decision on Share Repurchase
Summary by AI BETAClose X
Decision on Share Repurchase
|
1. Number of shares to be repurchased |
Common |
18,000,000 |
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|
Other |
- |
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|
2. Value of shares to be repurchased (Korean won) |
Common |
2,500,200,000,000 |
||||
|
Other |
- |
|||||
|
3. Expected repurchase period |
Start date |
January 8, 2026 |
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|
End date |
April 7, 2026 |
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|
4. Purpose of repurchase |
To facilitate employee stock-based compensation |
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|
5. Method of repurchase |
Open market |
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|
6. Consignment investment brokers |
Samsung Securities Co., Ltd. Shinhan Securities Co., Ltd. KB Securities Co., Ltd. |
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|
7. Holding status of treasury shares before repurchase |
Repurchase within the allowable distribution profit (shares) |
Common |
91,828,987 |
Ratio (%) |
1.6 |
|
|
Other |
13,603,461 |
Ratio (%) |
1.7 |
|||
|
Other repurchase (shares) |
Common |
- |
Ratio (%) |
- |
||
|
Other |
- |
Ratio (%) |
- |
|||
|
8. Date of board resolution (confirmation date) |
January 7, 2026 |
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|
- Attendance of Independent Directors at the Board of Directors meeting |
Present |
6 |
||||
|
Absent |
- |
|||||
|
- Attendance of auditors who are not Independent Directors |
- |
|||||
|
9. Daily order quantity limit |
Common |
5,746,531 |
||||
|
Other |
- |
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10. Other information to consider:
- Shares denoted as "other" are preferred shares.
- In Item 1 above, number of shares to be purchased was calculated based on the closing price on the day prior to the Board's resolution (January 6, 2026).
(KRW 138,900 per common share)
- The Company plans to acquire treasury shares based on the value of shares to be repurchased in Item 2 above. The actual amount may change depending on future stock price movements.
- With respect to Items 4 above, the Company is repurchasing shares that will be held in treasury for use in stock-based compensation programs, including Performance Stock Units (PSUs; introduced in October 2025) as well as in other programs to incentivize employee performance (e.g., OPI, LTI).
- In Item 8 above, all Audit Committee members are Independent Directors.
- The calculation method for Item 9 above is the smaller of: [③] and [the larger of ① and ②].
① 10% of the number of shares to be repurchased: 1,800,000 common
② 25% of average daily transaction volume over the one month period preceding the date of the board resolution: 5,746,531 common
③ 1% of total number of issued shares: 59,196,379 common
- Limit on the amount of repurchased shares (Korean won)
|
1. Limits to Dividend eligible profit under Commercial Act as of end-2024 |
226,239,016,662,399 |
|
2. Amount of repurchased shares since end-2024 |
8,189,263,404,980 |
|
3. Amount of dividends on profits and reserves for related profits decided at a general meeting of shareholders since end-2024 |
2,454,306,524,450 |
|
4. The interim dividend amount and related profit reserves decided by the board of directors since end-2024 |
7,354,421,579,302 |
|
5. Acquisition cost of the shares in disposing of treasury shares since end-2024 |
343,754,747,955 |
|
Limit on the amount of repurchased shares (1-2-3-4+5) |
208,584,779,901,622 |
* As of the reporting date (January 7, 2026), 'limits to Dividend eligible profit under Commercial Act as of end-2024' in item 1 above has been prepared based on end-2024 financial data as the 2025 financial statements cannot be approved until the shareholders' meeting.
- Holding status of treasury shares before purchase (number of shares)
* on-market direct purchase
|
Stock type |
Initial quantity |
Changes |
End quantity |
||
|
Purchase |
Disposal |
Cancellation |
|||
|
Common |
29,700,000 |
118,314,495 |
6,040,880 |
50,144,628 |
91,828,987 |
|
Other |
4,050,000 |
16,465,497 |
- |
6,912,036 |
13,603,461 |
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