Stocks in Focus

Wisenut Hits Daily Price Limit After Announcing Decision to Buy Back 100억 Worth of Treasury Stock [Featured Stock]

[Edaily Reporter Shin Ha-yeon] #Wisenut is hitting its daily price limit.
According to MP Doctor on the 18th, as of 9:18 a.m. today, WiseNet is trading at 7,470 won, up 29.91% from the previous trading day.
This surge is believed to have been driven by the company’s announcement after the market closed the previous day that it would repurchase 10 billion won worth of its own shares to stabilize the stock price and enhance shareholder value. The repurchase period will last three months, from today through September 17, and will be conducted through direct acquisition.
According to WiseNet, this share buyback is not merely a measure to stabilize the stock price, but a capital policy designed to clearly convey management’s confidence in the company’s fundamentals and growth potential to the market. The company also plans to invest in revenue growth and business expansion—including research and development, talent acquisition, strengthening sales capabilities, and strategic M&A—in response to the expanding AI agent market.
Wisenut plans to pursue this share buyback as part of its shareholder return policy while simultaneously implementing a growth strategy centered on its AI agent business. The company intends to maintain its existing stable profitability base while fully implementing initiatives to drive revenue growth—including advancing R&D, securing key talent, expanding sales channels, and entering new markets—to meet the rapidly growing demand for AI agents in both the public and private sectors.
CEO Kang Yong-sung stated, “This share buyback demonstrates management’s firm confidence in the company’s mid- to long-term growth potential, future business competitiveness, and commitment to enhancing value.” He added, “We will respond agilely to the expansion of the AI agent market while simultaneously pursuing proactive shareholder returns and making preemptive investments to drive revenue growth,” “Through R&D, talent acquisition, expansion of our sales base, and consideration of strategic M&A, we will create a virtuous cycle of shareholder value enhancement and revenue growth,” he added.

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