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HDC HOLDINGS CO.,Ltd To cancel 3,413,340 treasury shares worth KRW 77.1 billion

HDC HOLDINGS CO.,Ltd· Share Cancellation

AI summary · Not investment advice

HDC HOLDINGS CO.,Ltd will cancel 3,413,340 treasury shares (KRW 77.1 billion, 5.7% of shares outstanding) on October 15.

Cancellation amount

KRW 77.1 billion

3,413,340 common shares · based on the previous day's closing price

Key facts

Cancellation ratio
5.7%Calculated by HeyHolder: shares to cancel ÷ shares outstanding
Shares to cancel (common)
3,413,340 shares
Cancellation date
Oct 15, 2026
Total shares outstanding (common)
59,741,721 shares
Acquisition method
Treasury shares already held
Board resolution date
Oct 8, 2026
Shares outstanding after cancellation
56,328,381 sharesCommon shares

Commentary

AI commentary · Not investment advice

What happened

HDC decided to cancel 3,413,340 of its own shares that it already holds. Cancelling means permanently retiring treasury shares (shares a company has bought back). The shares are valued at KRW 77.1 billion at the closing price on the day before the board decision. Their book value is KRW 55.6 billion.

In the company's terms

HDC has 59,741,721 common shares outstanding. The cancelled shares equal 5.7% of them (calculated by HeyHolder). After the cancellation, shares outstanding will be 56,328,381. The company said only the share count falls, and its capital stock does not decrease.

What changes for shareholders

The cancellation is set for 2026.10.15. The date may change after talks with the relevant authorities.

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