Korea Zinc plans to burn all of its 2.04 million treasury shares, acquired at 890,000 won per share, within this year. The company disclosed in its business report filed with the Financial Supervisory Service’s Electronic Disclosure for Investors’ Network (DART) that the decision was made at a board meeting on the 13th. The company holds the treasury shares to stabilize stock prices, enhance corporate value, protect shareholder rights, and enhance shareholder value through the treasury share burn, among other purposes.
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Auto-posted at: 2025-03-20 21:03:48