treasury shares

Dongyang to Burn Over 10% of Treasury Shares, Worth 71.9 Billion Won

Dongyang, an affiliate of Eugene Group, announced its board's decision to permanently retire 24,611,979 treasury shares, representing 10.26% of its total outstanding shares, valued at approximately 71.9 billion won. This move aims to enhance shareholder value and is accompanied by a 2-for-1 stock split.