Disclosure
AI summary · Not investment advice
iM Financial Group will terminate its KRW 30 billion treasury stock trust contract with Samsung Securities on Oct 28, 2026, upon expiry.
Commentary
AI commentary · Not investment advice
What happened
iM Financial Group is terminating its treasury stock trust agreement with Samsung Securities Co., Ltd. The contract amount before termination was KRW 30.0 billion, and the contract period ran from 2026.07.28 to 2026.10.28. The stated reason is expiry of the trust contract period, and the scheduled termination date is 2026.10.28. The shares subject to termination are 1,694,609 common shares.
In the company's terms
Relative to the company, the contract amount of KRW 30.0 billion equals 1.3% of market capitalization. The treasury stock holding ratio before termination, acquired within the distributable profit limit, was 1.1% according to the filing.
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