[Edaily Reporter Kwon Oh Seok ] Comprehensive beauty company VT(018290)(VT Cosmetics) announced on the 12th that it had decided to cancel its own shares worth approximately 19.8 billion won, as disclosed in a recent regulatory filing. (Photo courtesy of VT) The scale of this cancellation includes approximately 15 billion won worth of treasury stock acquired through on-market purchases from August 14 to October 6, 2026, and approximately 4.8 billion won worth of treasury stock acquired prior to December 31, 2025. Accordingly, the company will cancel its entire holdings of treasury stock. The scheduled date for the cancellation is October 20, and 1,525,358 shares—representing 4.4% of the currently issued shares—are set to be canceled. After the cancellation, the total number of issued shares will be 33,416,480. A VT official emphasized, “This cancellation is part of our ongoing efforts to enhance shareholder value,” adding, “We will continue to actively review and implement measures to increase shareholder value.”
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