Doosan Co., Ltd. Block Deal of 620 Billion KRW in Doosan Enerbility Shares
Board Meeting on the 30th Approves Sale of 4.5% Stake
Investment to Strengthen Financial Structure and Secure New Growth Engines
A view of Bundang Doosan Tower, Seongnam-si, Gyeonggi-do. Photo by Doosan Co., Ltd.
View original image[Asia Economy Reporter Choi Seoyoon] Doosan Corporation held a board meeting on the 30th and resolved to sell approximately 4.5% (28.54 million shares) of its 35.0% stake in Doosan Enerbility through a block deal (off-hours large-volume sale) on the market.
The scheduled disposal date is the 31st, and the sale amount is expected to be approximately 619.3 billion KRW.
The company explained that this share sale is a proactive response to global economic uncertainties and financial market volatility.
Doosan Corporation plans to use the liquidity secured to strengthen its financial structure and invest in securing new growth engines.
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Even after the share sale, Doosan Corporation's stake in Doosan Enerbility will remain at 30.5%, maintaining its position as the largest shareholder, and there are no plans for additional sales.
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