Humasis Decides to Cancel Treasury Shares Worth 5 Billion KRW

[Asia Economy Reporter Lee Gwan-ju] Humasis announced on the 1st that its board of directors resolved an agenda to cancel treasury shares worth 5 billion KRW.

Humasis previously signed a trust contract for acquiring treasury shares in March, and plans to cancel the shares on the 19th, immediately after the six-month contract period ends.

A Humasis official stated, "This treasury share cancellation is in accordance with the shareholder return policy announced at the regular shareholders' meeting in March," adding, "We will continue to implement policies to enhance shareholder value, including preparing ways to communicate with shareholders considering management matters."