Hanjin to Cancel All 480,000 Treasury Shares... Book Value of KRW 20 Billion
Hanjin will cancel all 478,401 of its treasury shares as part of its shareholder returns. The shares account for 3.07% of total shares issued and are worth approximately KRW 20 billion based on their book value.
According to the Financial Supervisory Service’s electronic disclosure system on November 10, Hanjin’s board of directors resolved that day to cancel 478,401 common shares. The planned cancellation amount is KRW 19,988,350,000. The cancellation will reduce the number of shares issued while keeping the company’s capital unchanged.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
