Coreana Terminates Treasury Stock Acquisition Trust Contract Worth 12 Billion KRW

[Asia Economy Reporter Oh Ju-yeon] Koreana announced on the 27th that it has decided to terminate the 3 billion KRW treasury stock acquisition trust contract signed with Woori Bank to reduce financial costs and directly hold treasury stocks. Additionally, through a separate disclosure, it stated that it has also decided to terminate the 3 billion KRW treasury stock trust contract with KEB Hana Bank and two individual 3 billion KRW treasury stock trust contracts with Shinhan Bank.