Share Cancellation
SAI summary · Not investment advice
Seun Medical decided to cancel 1,623,000 treasury common shares, book value KRW 4.03 billion, on November 11, 2026.
Cancellation amount
KRW 4.0 billion
Book value of the treasury shares to be cancelled as of the board resolution date
Key facts
- Acquisition method
- Previously acquired treasury shares
- Cancellation date
- Nov 11, 2026May change depending on consultation with relevant authorities
- Board resolution date
- Oct 28, 2026
Commentary
AI commentary · Not investment advice
What happened
Seun Medical's board decided to retire 1,623,000 common shares that the company already holds as treasury stock. The planned retirement amount is KRW 4.0 billion. The board resolution date is 2026.10.28 and the planned retirement date is 2026.11.11. The shares were acquired earlier, so this is a cancellation of existing treasury shares rather than a new purchase.
In the company's terms
Relative to the company, the planned retirement amount equals 4.0% of its market capitalization, as stated in the filing. The total number of issued common shares is listed as 43,800,000.
What changes for shareholders
For shareholders, the filing confirms that these treasury shares are scheduled to be retired on 2026.11.11.
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