Dream Insight to Buy Back KRW 500 Million in Shares to Stabilize Stock Price, Enhance Shareholder Value
Dream Insight, a global integrated AI marketing content group, will purchase KRW 500 million worth of its own shares to stabilize its share price and enhance shareholder value.
Dream Insight disclosed on November 2 that it had decided to purchase KRW 500 million worth of its own shares. The planned purchase covers 455,373 common shares. The amount was calculated based on the closing price of KRW 1,098 on October 30, and the actual number of shares purchased may vary depending on the share price at the time of purchase.
The purchase period will run for three months, from November 3 through February 2, 2027. The company plans to make direct purchases on the market through Meritz Securities, which it selected as its commissioned investment broker. The purchase may end earlier than planned, depending on how it proceeds.
If the share purchase proceeds as planned, the company's treasury share holdings will also increase. Dream Insight currently holds 1,221,159 of its own shares. If it purchases all 455,373 shares as planned, its total holdings will rise to 1,676,532 shares.
Earlier, on June 25, Dream Insight also decided to purchase KRW 1 billion worth of its own shares. It subsequently bought 817,197 shares through September, continuing its efforts to enhance shareholder value.
The company also has room for further share purchases. Based on its separate financial statements at the end of last year, its available limit for purchasing its own shares was approximately KRW 30.5 billion, leaving room for additional purchases even after this acquisition.
A Dream Insight official said, "This purchase of our own shares is a decision aimed at stabilizing the share price and enhancing shareholder value. We will continue our efforts to enhance shareholder value while strengthening our business competitiveness."
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Meanwhile, Dream Insight is working to strengthen its business competitiveness by introducing DMAX AI, an AI-powered advertising operations platform that integrates advertising data analysis, content production, and media operations. The company applies AI throughout the entire process, from advertising planning and production to operations and performance analysis, to improve work efficiency. It is also working to advance its marketing services based on its accumulated experience in advertising operations and data.
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