YOUNGPOONG CORPORATION Treasury Share Cancellation of 2,726 Shares, Scheduled for Dec 3
YAI summary · Not investment advice
YOUNGPOONG CORPORATION will cancel 2,726 treasury shares it already holds (KRW 42.0 million) on December 3.
Cancellation amount
KRW 42.0 million
2,726 common shares · book value as of the board resolution date
Key facts
- Cancellation ratio
- 0.0%Calculated by HeyHolder: shares to cancel ÷ shares outstanding
- Shares to cancel (common)
- 2,726 shares
- Cancellation date
- Dec 3, 2026May change following consultation with relevant authorities
- Total shares outstanding (common)
- 18,410,683 sharesBefore cancellation
- Acquisition method
- Treasury shares already acquiredAcquired in the course of a stock dividend
- Board resolution date
- Nov 5, 2026
- Shares outstanding after cancellation
- 18,407,957 sharesExpected, as of the filing date
Commentary
AI commentary · Not investment advice
What happened
YOUNGPOONG CORPORATION decided to cancel 2,726 treasury shares (the company's own shares it holds). It acquired these shares in the course of a stock dividend (a dividend paid in shares). No new shares will be bought for this. The planned cancellation amount is KRW 42.0 million, based on the book value of these shares as of the board resolution date.
In the company's terms
Before the cancellation, the company has 18,410,683 common shares issued in total. The shares being cancelled are 0.0% of that total (calculated by HeyHolder). After the cancellation, total shares issued will be 18,407,957. The company said the share count falls but its capital stays the same.
What changes for shareholders
The cancellation date is December 3. The company said the date may change after consultation with relevant authorities.
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