Decision to Cancel 495,273 Treasury Shares as Part of Shareholder Return Policy
- Purpose of treasury stock cancellation: To cancel treasury shares acquired within distributable profits as part of a mid- to long-term shareholder return policy to enhance corporate value
- Scale of cancellation: 495,273 common shares (cancellation amount approximately 2.0 billion won based on book value per share), representing about 3.37% of total issued shares of 14,718,362
- Scheduled cancellation date: June 5, 2026 (confirmed at board meeting on May 18, 2026)
- Method: Open market purchase (entrusted to NH Investment & Securities), acquisition period from Feb 12, 2026 to May 8, 2026
- No capital reduction: Based on Article 343(1) of the Commercial Act, cancellation within distributable profits does not affect capital
- Note: This is a corrected disclosure due to completion of treasury stock acquisition following the initial filing on February 10, 2026
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KOSDAQ Filing Information
- Filing: [Correction of Description] Decision on Cancellation of Shares
- Company: Sandoll (419120)
- Submission: Sandoll, Inc.
- Receipt: 05-18-2026
- Under KRX KOSDAQ Market Division