[Edaily Reporter Yoo Jin-hee] #HUMNC, a Huons Group subsidiary specializing in aesthetic supplies, has begun buying back its own shares. The move reflects the company’s commitment to strengthening shareholder trust through stock price stabilization and responsible management.

Huem & C announced on the 11th that it had decided to repurchase a total of 1 billion won worth of its own shares following a board resolution.

This share buyback will be conducted through a trust agreement with Samsung Securities. The period will span six months, from the 12th of this month through December 11. The company expects this decision to play a positive role in stabilizing the stock price and enhancing corporate value.

The company plans to acquire approximately 315,493 shares. Once the purchase is complete, HUEMNC’s treasury stock ratio—which previously stood at a mere 0.01% (1,081 shares)—will increase significantly to about 3.6%.

HUM&C’s shareholder return policy has become even more aggressive this year. Previously, at its regular shareholders’ meeting in February, HUM&C decided to pay a cash dividend of 200 won per share for the first time since its founding. At the time, the dividend was paid entirely tax-free using funds transferred from capital reserves to retained earnings, garnering a strong positive response from shareholders.

Analysts suggest that the decision to proceed with a share buyback immediately following this first dividend reflects the CEO’s determination to actively share the company’s recent strong growth momentum with shareholders.

In fact, Huem & C recorded an earnings surprise in the first quarter of this year, demonstrating the solid financial foundation to support its shareholder return policy. On a consolidated basis, first-quarter revenue reached 14.5 billion won, a 16% increase year-over-year, while operating profit surged 61% to 800 million won, and net profit jumped 200% to 900 million won. The strong performance was driven by the combined effects of steady growth in the core glass business and improved profitability in the cosmetics division.

Lee Chung-mo, CEO of H&M&C, emphasized, “We will continue to implement diverse shareholder return policies, such as dividends and share buybacks, to enhance market trust and maximize corporate value.” He added, “We will strive for sustainable growth and share the fruits of our success with our shareholders, evolving into a company that fosters mutual growth.”