[Edaily Reporter Lee Hye-ra] #Shindo Giyeon announced on the 12th that it has decided to cancel 193,198 shares of treasury stock it had previously acquired in order to enhance shareholder value.
The estimated cost of the cancellation is 2.9419 billion won, and the scheduled cancellation date is the 19th.
This cancellation involves the cancellation of previously acquired treasury shares, so there will be no reduction in capital. Upon completion of the cancellation, the total number of common shares outstanding is expected to decrease from the current 15,929,362 shares to 15,736,164 shares.
The estimated cost of the cancellation is 2.9419 billion won, and the scheduled cancellation date is the 19th.
This cancellation involves the cancellation of previously acquired treasury shares, so there will be no reduction in capital. Upon completion of the cancellation, the total number of common shares outstanding is expected to decrease from the current 15,929,362 shares to 15,736,164 shares.
