The Nature Holdings Cancels Treasury Shares Worth 4 Billion KRW... "Now Focusing on Improving Performance"

The lifestyle company The Nature Holdings (CEO Park Youngjun) announced on September 25 through a disclosure on the Financial Supervisory Service’s electronic disclosure system that it has decided to cancel all 361,870 shares of its treasury stock, worth approximately 4 billion KRW (about 4 billion won). The scheduled cancellation date is October 2.

This cancellation marks the final implementation of the company’s plan, announced at the beginning of this year, to “expand dividends and consider treasury stock cancellation,” faithfully fulfilling its promised shareholder return policy. The shares to be canceled are treasury stocks worth about 4 billion KRW, acquired in two rounds as part of the 2024 shareholder return policy. In addition, the subsidiary Barrel also announced on September 22 its decision to cancel treasury stock worth 800 million KRW, actively demonstrating the entire group’s strong commitment to “enhancing shareholder value and expanding shareholder returns.”

Following this cancellation, The Nature Holdings plans to focus on fundamentally increasing shareholder value. The company will make every effort to improve its business performance and concentrate on the growth of new brands such as Mark Gonzales, Brompton London, and Deus Ex Machina to strengthen its mid- to long-term competitiveness.

Additionally, on September 15, The Nature Holdings signed a business agreement with the National Heritage Administration at Changdeokgung Palace in Jongno-gu, Seoul, to promote and expand the public use of national heritage centered on natural heritage. This demonstrates the company’s commitment to not only external growth but also to developing growth engines based on nature, exploration, and sustainable storytelling.

Park Youngjun, the largest shareholder and CEO of The Nature Holdings, is also personally practicing responsible management. In January last year, Park purchased 6,821 shares of treasury stock worth about 100 million KRW through an on-market purchase for the first time since the company’s establishment. In April of the same year, he purchased an additional 10,000 shares of treasury stock for 140 million KRW, demonstrating his confidence in the company’s mid- to long-term growth.

A representative from The Nature Holdings stated, “This treasury stock cancellation responsibly completes the shareholder return plan announced early this year,” adding, “Going forward, we will continue our efforts to return value to shareholders through improved business performance and do our utmost to secure long-term trust.”

Meanwhile, The Nature Holdings expanded its year-end dividend last year to an industry-leading 5.34% based on market dividend yield. In addition, at the beginning of this year, the company proactively participated in IR Qdus’s “shareholder preferential service,” continuing various efforts to expand shareholder benefits.

This content was produced with the assistance of AI translation services.