[Market Feature] Woongjin ThinkBig Surges Over 9% on Treasury Stock Cancellation and Cash Dividend

by Lim Chunhan

Published 12 Mar.2026 09:12(KST)

Woongjin ThinkBig is showing an upward trend following news of its treasury stock cancellation and cash dividend.

[Market Feature] Woongjin ThinkBig Surges Over 9% on Treasury Stock Cancellation and Cash Dividend

As of 9:10 a.m. on March 12, 2026, Woongjin ThinkBig was trading at 1,132 won, up 95 won (9.16%) from the previous trading day.

On the previous day, Woongjin ThinkBig announced that its board of directors had decided to retire 25% (1.85 million shares) of its treasury stock and pay a cash dividend of 85 won per share.

Woongjin ThinkBig plans to propose an agenda item to transfer 100 billion won of capital reserve to retained earnings at the shareholders' meeting scheduled for March 26, 2026. The company aims to expand the distributable profits and lay the groundwork for a mid- to long-term shareholder return policy.

Woongjin ThinkBig will also proceed with a 2-for-1 stock consolidation, merging every two common shares into one. This measure is intended to create an appropriate share price level that reflects the company’s value and to enhance stock stability.

To enhance corporate value, Woongjin ThinkBig has decided to restructure its business model to focus on profitability. The company plans to improve work efficiency centered around its Artificial Intelligence Transformation (AX) Lab and to enhance its personalized learning services, thereby strengthening its core competitiveness.