PSK Decides to Cancel Treasury Shares Worth 10.4 Billion KRW
[Asia Economy Reporter Myung-hwan Lee] PSK announced on the 4th that it has decided to cancel 281,663 treasury shares previously acquired for the purpose of enhancing shareholder value and trust in the capital market.
The amount to be canceled is 10,435,610,000 KRW, and the scheduled cancellation date is the 11th of this month.
Hot Picks Today
!["It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]](https://cwcontent.asiae.co.kr/asiaresize/93/2026052019230771274_1779272587.jpg)
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Physical Assault and Other Violence"… Final Letter of National Institute of Fisheries Science Researcher
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
PSK stated, "The treasury shares acquired within the scope of distributable profits will be canceled by a resolution of the board of directors," adding, "There will be no reduction in capital stock."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
