[Edaily Reporter Kwon Oh Seok ] KnJ Co., Ltd.(272110), a manufacturer of key materials and components for semiconductor front-end processes, announced on the 2nd that it will proceed with a share buyback to enhance shareholder value.

The company plans to acquire a total of 126,316 shares, representing 1.57% of the total number of issued shares (8,025,395 shares). The total planned acquisition amount is 3 billion won. This marks KnJ Co., Ltd.’s second share buyback since its listing; when combined with the shares acquired in 2024, the company’s total treasury stock holdings will increase to 320,972 shares (3.99%).
The company stated that this share buyback is part of its efforts to strengthen its shareholder return policy and is a measure taken with future share cancellation in mind. A company official explained, “The specific scale and timing of the cancellation will be determined following a board resolution and announced accordingly.”
In addition to the treasury stock acquisition, KnJ Co., Ltd. is preparing a mid- to long-term plan to enhance corporate value (value-up) and plans to inform shareholders through a future public announcement. This plan is expected to include sustainable shareholder return measures linked to the growth performance of the company’s core business, as well as policies to strengthen communication with the market.
A company official added, “This share repurchase and future cancellation plan are strategies aimed at continuously increasing corporate value and shareholder value,” and stated, “We will continue to refine our shareholder return strategies so that the company’s growth achievements translate into enhanced shareholder value.”