OTOKI CORPORATION Decision to cancel 72,551 own shares, planned amount KRW 16.2 billion
OAI summary · Not investment advice
Ottogi decided to cancel 72,551 of its own shares, 1.8% of all its shares, on December 2.
Cancellation ratio
Calculated by HeyHolder1.8%
shares to cancel ÷ shares outstanding
Key facts
- Shares to cancel (common)
- 72,551 shares
- Cancellation amount
- KRW 16.2 billionBased on book value of treasury shares as of board resolution date
- Cancellation date
- Dec 2, 2026May change following consultation with relevant authorities
- Acquisition method
- Treasury shares already acquired
- Board resolution date
- Nov 13, 2026
- Shares outstanding after cancellation
- 3,935,279 sharesCommon shares
Commentary
AI commentary · Not investment advice
What happened
Ottogi decided to cancel 72,551 common shares that it already held as treasury shares (the company's own shares it holds). Cancelling means the shares are retired and no longer exist. The amount for the cancelled shares is KRW 16.20 billion, based on their book value as of the board resolution date. The shares were acquired earlier.
In the company's terms
The cancelled shares are 1.8% of all shares. This is the number cancelled divided by total shares (Hey-holder calculation). Total shares before cancellation are 4,007,830. Total shares after cancellation will be 3,935,279. All figures are for common shares.
What changes for shareholders
The cancellation date is set for December 2, 2026. The filing says this date may change after consultation with the relevant authorities. After cancellation, the total number of shares will be smaller.
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