Humasis Acquires 30 Billion KRW Worth of Treasury Shares... "Commitment to Enhancing Shareholder Value and Responsible Management"

Humasis announced on the 18th that it has decided to acquire treasury shares worth 30 billion KRW to stabilize its stock price and enhance shareholder value.

The acquisition of treasury shares will be conducted through on-market purchases on the KOSDAQ market, with the acquisition period scheduled from the 19th to June 18, spanning three months.

Namgung Gyeon, Chairman of Humasis, stated, "Although the business environment is challenging, this move demonstrates the company's commitment to enhancing corporate and shareholder value as well as responsible management," adding, "We will focus more on promoting new businesses that will serve as new growth engines."