SNT MOTIV CO.,LTD KRW 10.0 billion treasury share trust contract with NH Investment & Securities for employee stock compensation
AI summary · Not investment advice
SNT Motiv will entrust KRW 10.0 billion to NH Investment & Securities to buy its own shares, from November 12 to May 11, 2027.
Contract amount
KRW 10.0 billion
For employee stock compensation
Key facts
- Shares to acquire (common)
- 408,163 sharesActual quantity may change with share price
- Contracting institution
- NH INVESTMENT & SECURITIES CO., LTD.
- Contract period
- Nov 12, 2026 – May 11, 2027
- Purpose of contract
- Employee stock compensation to secure key talent and create long-term performance
- Board resolution date
- Nov 12, 2026
Commentary
AI commentary · Not investment advice
What happened
SNT Motive will entrust KRW 10.0 billion to NH Investment & Securities so that the broker buys the company's own shares on its behalf, for employee stock compensation.
In the company's terms
The stated purpose is to secure key talent and create long-term performance. The plan is to buy 408,163 common shares. The reference price is KRW 24,500 per share, based on the 2026-11-11 closing price. The actual number of shares may change if the share price moves.
What changes for shareholders
The company expects to hold the shares for 5 years or more after buying them. The contract is scheduled to be signed on 2026-11-12. The board has already approved the plan.
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