WON TECH CO.,Ltd. Decision to cancel 1,153,767 treasury shares worth KRW 7.5 billion
WAI summary · Not investment advice
Wontech decided to cancel 1.15 million of its own shares, 1.3% of all shares, on November 25, with a book value of KRW 7.5 billion.
Cancellation ratio
Calculated by HeyHolder1.3%
shares to cancel ÷ shares outstanding
Key facts
- Shares to cancel (common)
- 1,153,767 shares
- Cancellation amount
- KRW 7.5 billionBook value as of the board resolution date, calculated as the number of treasury shares to be retired multiplied by the average acquisition price
- Cancellation date
- Nov 25, 2026May change depending on consultation with relevant authorities
- Acquisition method
- Previously acquired treasury shares
- Board resolution date
- Nov 13, 2026
Commentary
AI commentary · Not investment advice
What happened
Wonik Co. decided to cancel 1,153,767 of its own common shares. These are treasury shares (shares the company bought earlier and holds). Cancelling them means they are retired and no longer exist.
In the company's terms
The cancelled shares equal 1.3% of the 89,280,646 total shares (Heyholder calculation). The amount for the cancelled shares is KRW 7.54 billion. This is the book value on the board resolution date, based on the average purchase price per share.
What changes for shareholders
The cancellation date is set for November 25, 2026. It could change depending on discussions with the relevant authorities. Once the cancellation is done, the total number of shares will fall.
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