- Additional buyback announcement just s day after treasury stock cancellation: 카지노 바카라 350 billion in treasury stock buyback this year alone
- 카지노 바카라 vows to implement shareholder-friendly policies amid uncertainty“…Protecting shareholder interests is top priority”
- “We will pursue steady growth and deliver consistent return to our loyal shareholders”
[by Kang, In Hyo] Celltrion announced on April 3 its decision to acquire an additional KRW 100 billion (approximately USD 69.2 million) worth of treasury stocks today. This move follows the company’s resolution on the previous day (April 2) to retire a portion of its existing treasury 카지노 바카라.
This marks the third time this year Celltrion has opted to repurchase treasury stocks. With the inclusion of the latest acquisition at the start of the year, the total 카지노 바카라 of treasury shares amount to KRW 350 billion. The current transaction involves the acquisition of 589,276 shares, 카지노 바카라d at approximately KRW 100 billion. The repurchase will be executed through ‘over-the-counter transactions’ starting on April 4.
The company is actively pursuing not only repurchase but also retirement of treasury stocks. Including the treasury stock retirement announced on April 2, the cumulative 카지노 바카라 of treasury shares retired or scheduled for buyback this year exceeds KRW 800 billion (approximately USD 554.5 million). By not only repurchasing but also retiring these shares, the total number of issued shares is reduced, thereby increasing the 카지노 바카라 per share. As such, this approach is widely regarded as a representative ‘shareholder-friendly policy.’
In 2024, Celltrion actively pursued shareholder 카지노 바카라 enhancement by completing the repurchase of approximately KRW 436 billion in treasury stocks and retiring treasury shares worth approximately KRW 700 billion. This year, the company has further hastened these efforts, continuously repeating the ‘repurchase’ and ‘retirement’ of treasury stocks since the beginning of the year. These actions underscore Celltrion’s commitment to honoring its pledge to shareholders, prioritizing initiatives aimed at enhancing shareholder 카지노 바카라.
Looking forward, if the company’s valuation remains under카지노 바카라d due to unstable domestic and international market conditions, Celltrion intends to actively implement shareholder-friendly policies. These measures may include additional treasury stock repurchases and retirements, as well as potential dividend increases, within feasible limits, to protect shareholder interests.
“As part of our ongoing efforts to enhance shareholder 카지노 바카라 and achieve mutual growth, we are actively repurchasing and retiring treasury stocks this year, continuing our efforts from last year,” a Celltrion official said. “Despite the recent rise in domestic and international uncertainties, the company remains committed to sustained growth while making every effort to maximize shareholder 카지노 바카라 and profitability.”
