Disclosure
WAI summary · Not investment advice
Woosung announced plans to submit a stock split agenda in March 2027 and carry out shareholder returns of at least KRW 4.0 billion.
Commentary
AI commentary · Not investment advice
What happened
Woosung announced on October 29, 2026 a plan covering shareholder returns and a wider share float. The shareholder return amounts to KRW 4.0 billion, to be delivered through dividends set at a level that keeps the company within the high-dividend company criteria under the Restriction of Special Taxation Act, along with share buybacks and cancellation. To increase the number of tradable shares, the company plans to put a stock split proposal to its regular shareholders' meeting in March 2027.
In the company's terms
Relative to the company, the KRW 4.0 billion return equals 6.9% of its market capitalization. The materials give no comparison with past shareholder return amounts.
What changes for shareholders
For shareholders, the stock split proposal is scheduled to come before the regular shareholders' meeting in March 2027. The announcement also states that dividends and the cancellation of repurchased shares are to be pursued together.
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