SAMA ALUMINIUM CO.,LTD Largest shareholder TOYO ALUMINIUM agrees to sell 750,000 shares in block trade
SAI summary · Not investment advice
TOYO ALUMINIUM K.K.'s stake in SAMA ALUMINIUM CO.,LTD fell from 33.40% to 24.29% as total shares grew; it also agreed to sell 750,000 shares (4.96%) at KRW 50,750 each.
Stake
24.29%
Previous 33.40% · -9.11%p
Key facts
- Reporting holder
- TOYO ALUMINIUM K.K.Japanese company
- Relationship with issuer
- Largest shareholder
- Report type
- Change
- Reason for report
- Contract on held shares
- Previous stake
- 33.40%As of the 2011.04.07 report
- Previous shares held
- 3,674,000 shares
- Shares held
- 3,674,000 sharesUnchanged; the lower stake reflects more voting shares outstanding (11,000,000 → 15,123,455)
- Purpose of holding
- Influence on management control
- Reason for amendment
- Entry into a contract on held shares (share sale agreement dated 2026.10.30)
- Shares under major contracts
- 750,000 shares4.96%
- Total under contracts
- 750,000 shares4.96%
- Reporting obligation date
- Oct 30, 2026
Commentary
AI commentary · Not investment advice
What happened
TOYO ALUMINIUM K.K., the Japanese largest shareholder of SAMA ALUMINIUM CO.,LTD, agreed to sell 750,000 of its shares. The buyer is Ulternative Investment. The price is KRW 50,750 per share, based on the October 30 closing price with a discount agreed by the parties. The sale will go through an after-hours block trade on the exchange.
In the company's terms
TOYO ALUMINIUM now holds 3,674,000 shares, the same number as in its previous report in 2011. Its stake fell from 33.40% to 24.29% because voting shares outstanding grew from 11,000,000 to 15,123,455. The shares covered by the agreement equal 4.96% of the total.
What changes for shareholders
Settlement is scheduled for November 4. The stated purpose of the holding is influencing management. The company said it exercises influence as the largest shareholder but has no specific plans for now.
Show Korean comments
Comments
No comments yet
Comments from shareholders will appear here.
Get the next disclosure as an app alert
Get app alerts for new disclosures and stake changes on your watchlist