[Edaily Reporter Kim Yoon-jeong] #Samhwa Networks announced on the 17th that it has decided to terminate a trust agreement for the acquisition of treasury stock worth 1.5 billion won.
The purpose of the termination is an early termination following the completion of the treasury stock acquisition.
The number of shares scheduled for termination is 618,622, and the termination date is today.
The trustee is Hyundai Motor Securities, and upon termination, the proceeds will be returned in cash or in the form of company stock.