BGFecomaterials CO., LTD. Decision to cancel 842,699 treasury shares worth KRW 2.0 billion
BAI summary · Not investment advice
BGFecomaterials CO., LTD. decided to cancel 842,699 treasury shares (KRW 2.0 billion, 1.3% of shares outstanding) on November 10.
Cancellation amount
KRW 2.0 billion
842,699 common shares · book value as of the board resolution date
Key facts
- Shares to cancel (common)
- 842,699 shares
- Total shares outstanding (common)
- 62,766,899 shares
- Cancellation ratio
- 1.3%Calculated by HeyHolder: shares to cancel ÷ shares outstanding
- Acquisition method
- Treasury shares already held
- Cancellation date
- Nov 10, 2026May change after consultation with authorities
- Board resolution date
- Oct 7, 2026
Commentary
AI commentary · Not investment advice
What happened
BGFecomaterials decided to cancel 842,699 treasury shares (its own shares it already holds). The cancellation amount is KRW 2.0 billion, based on book value as of the board resolution date.
In the company's terms
BGFecomaterials has 62,766,899 shares outstanding. The shares to cancel are 1.3% of that (calculated by HeyHolder). The share count falls, but share capital does not.
What changes for shareholders
The cancellation is scheduled for November 10. The company said the date may change after consulting the authorities.
Earlier Share Cancellation filings from this company
| Filed | Title | Key figure · Note |
|---|---|---|
| 26.10.302026.10.30 | Share Cancellation | KRW 14.5 billion · Based on the acquisition cost of treasury shares held directly as of the board resolution date |
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