[Edaily Reporter Kwon Oh Seok ] YeSUN Tech Co., Ltd.(250930), a company specializing in functional adhesive materials, has decided to cancel its own shares in an effort to enhance shareholder value.

YeSUN Tech Co., Ltd. announced on the 31st that it held a board of directors meeting on the same day and decided to retire 48,989 shares of its common stock. The retirement is scheduled for September 10.
The number of shares to be canceled represents approximately 0.7% of the total issued shares (6,600,088), and the estimated value of the cancellation is 374.28 million won. Since the company is canceling treasury shares it has already acquired within the scope of distributable profits, the total number of issued shares will decrease, but there will be no reduction in capital. The company explained that it decided on this cancellation to eliminate uncertainty and enhance shareholder value.
Following a 5-for-1 stock consolidation on July 22, YeSUN Tech Co., Ltd. is now proceeding with the cancellation of treasury stock, continuing its efforts to maximize enterprise value per share by reducing the number of shares outstanding.
The results of its business restructuring efforts are also becoming visible. Through the restructuring strategy it has been pursuing since last year, the company succeeded in returning to operating profit in the third quarter of 2025 and has maintained a profitable trend through the second quarter of this year, demonstrating a stable improvement in profitability.
The company is also accelerating its portfolio diversification to secure new growth engines. Having developed flame-retardant adhesive materials for large-format lithium-ion batteries and completed patent applications, it is expanding its business scope from the existing display-centric sector into the high-growth area of lithium-ion battery materials.
YeSUN Tech Co., Ltd. officials emphasized, “This share buyback and cancellation is a decision made to enhance shareholder value amid our improving financial performance,” adding, “We will continue to implement measures to enhance shareholder value and further strengthen our corporate value through profitability-focused management and research and development (R&D).”