Digital Daesung, Owner Family and CEO Acquire Company Shares... "Confidence in Growth"

The CEO and key executives of Digital Daesung have taken steps to enhance shareholder value.

Digital Daesung, an educational content platform company, announced on the 11th that the CEO, vice president, other executives, and the owner family have purchased treasury shares through on-market purchases since the 2nd. The total number of shares acquired is 32,031, worth approximately 200 million KRW based on the previous day's closing price.

The purpose of purchasing treasury shares is to enhance shareholder value and strengthen responsible management. This is to align with the company's sustainable growth and the opening of an international school in Vietnam in the second half of next year, aiming to increase shareholder value accordingly. To this end, the owner family, along with key management figures including Vice Chairman Kim In-gyu, CEO Kim Hee-seon, Vice President Kim Jeong-yeol, and Vice President Yang Se-hyun, purchased treasury shares.

Digital Daesung's efforts to increase shareholder value have been ongoing steadily. Last November, the company canceled 1 million treasury shares, and on the 15th, the board of directors will decide on the cancellation of 671,748 treasury shares announced last month and the purchase of treasury shares through a trust contract.

Kim Hee-seon, CEO of Digital Daesung, stated, “This treasury share purchase reflects our confidence in the company's sustainable growth,” adding, “The owner family and management have united in their determination to take the lead in enhancing shareholder value and responsible management by continuously purchasing treasury shares as a demonstration of our commitment.”