MFC Co., Ltd. Treasury share cancellation of 400,000 common shares, KRW 2.7 billion
MAI summary · Not investment advice
The company decided to cancel 400,000 treasury shares (KRW 2.7 billion) on November 20, 2026.
Cancellation amount
KRW 2.7 billion
Based on book value of treasury shares as of the board resolution date
Key facts
- Acquisition method
- Treasury shares already acquired
- Cancellation date
- Nov 20, 2026
- Board resolution date
- Nov 2, 2026
- Shares outstanding after cancellation
- 8,191,742 sharesCommon shares
Commentary
AI commentary · Not investment advice
What happened
MFC decided to retire 400,000 common shares of treasury stock it had already acquired. The planned amount is KRW 2.7 billion, and the shares are cancelled from existing holdings rather than newly purchased.
In the company's terms
The retirement equals 4.7% of issued shares. Total issued common shares stand at 8,591,742 and will become 8,191,742 after the retirement.
What changes for shareholders
The retirement date is confirmed for 2026.11.20, when the total number of issued shares will fall to that level.
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