KOREA ELECTRONIC CERTIFICATION AUTHORITY Treasury share trust contract with Korea Investment & Securities (KRW 3.5 billion) terminated early
KAI summary · Not investment advice
Korea Electronic Certification is ending its KRW 3.5 billion contract that had a broker buy its own shares, and will handle the 1.01 million shares bought under the law.
Shares bought under the trust
1,007,829 shares
Early termination due to completion of treasury share acquisition
Key facts
- Reason for termination
- Early termination due to completion of treasury share acquisition
- Termination date
- Nov 12, 2026
- Treatment after termination
- To be handled under the Commercial Act and other relevant laws; separate board resolution and disclosure once a specific plan is determined
- Board resolution date
- Nov 11, 2026
Commentary
AI commentary · Not investment advice
What happened
Korea Electronic Certification is ending early a KRW 3.5 billion contract. Under it, Korea Investment & Securities Co., Ltd. bought the company's own shares on its behalf. The trust bought 1,007,829 shares. The contract is ending early because the share purchase is complete.
In the company's terms
Before the termination, the company held 1,109,632 treasury shares (shares the company holds of itself).
What changes for shareholders
The contract will end on 2026.11.12. The company plans to handle the shares under the Commercial Act and other relevant laws. No specific plan is set yet. Once one is decided, it will go through a separate board resolution and be disclosed.
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