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Madup Inc. Share buyback of KRW 2.0 billion, 385,357 common shares on KOSDAQ market

Madup Inc.· Material Event Report

Buyback as % of shares outstanding

2.0%

Calculated by HeyHolder: shares to buy ÷ shares outstanding

Key facts

Shares to acquire (common)
385,357 shares
Acquisition amount
KRW 2.0 billion
Acquisition period
Nov 16, 2026 – Feb 5, 2027
Purpose of acquisition
Enhance shareholder value and compensate employees with shares
Acquisition method
Direct on-market acquisition through the KOSDAQ market

Commentary

AI commentary · Not investment advice

What happened

Madup plans to buy 385,357 of its own common shares directly on the KOSDAQ market. This equals 2.0% of all shares (Hey Holder calculation). The planned amount is KRW 2.03 billion. The stated purposes are raising shareholder value and paying employees with shares. The shares bought become treasury shares (the company's own shares it holds). Orders go through Mirae Asset Securities.

In the company's terms

The company now holds 222,184 of its own shares. 1% of all shares is 188,204 shares. The daily buy order limit is 140,192 shares. The reference price is KRW 5,190 per share, the closing price the day before the board decision.

What changes for shareholders

The buying period runs from November 16, 2026 to February 5, 2027. The company plans to buy within this period.

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