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Treasury Share policy
Share Cancellation of 6% over 3 years (’24~’26)
·2% shares (KRW 660 bn) has been cancelled in 2024
·2% shares (KRW 420 bn) has been cancelled in 2025
Immediate share cancellation upon new share buyback going forward
· Part of the proceeds from non-core asset divestment was used in 2024 to fund the share buyback worth of KRW 100 bn
Buyback History
(1 Million shares)
Retirement History
· repurchased 39.8 million treasury shares (cumulative) since the first buyback in 1992
· canceled 11.9 million treasury shares (cumulative) since the first retirement in 2001
· sold 19.2 million treasury shares (cumulative) for multiple purposes, i.e. foreign stock exchange listing, ESOP funding.
· 8.7 million treasury shares (10.3%) remaining at the end of 2023.