Free Capital Reduction of 32.23% to Improve Financial Structure
- CCS Chungbuk Broadcasting decides free capital reduction merging 1.476 shares into 1 share (reduction of 32.23%)
- Reduction record date: June 22, 2026; new shares listing expected: July 10, 2026
- Capital reduction of 10.5 billion won (from 32.576 billion to 22.076 billion)
- Reason: improvement of financial structure through deficit coverage
- Company's stock has been suspended since June 2025 due to listing eligibility review; awaiting delisting decision
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KOSDAQ Filing Information
- Filing: [Correction of Description] Report on Major Matters (Decision on Capital Reduction)
- Company: Korea Cable T.V Chung-Buk System (066790)
- Submission: Korea Cable T.V Chung-Buk System Co., Ltd.
- Receipt: 05-21-2026