Decision on Entering into Trust Contract for Acquisition of Treasury Stock
1. Contract amount (KRW) 10,000,000,000
2. Contract period Start date 2022-02-11
End date 2023-02-10
3. Purpose of contract To stabilize share price and enhance shareholder value
4. Counterparty (trust company) KB Securities Co., Ltd.
5. Scheduled contract date 2022-02-11
6. Treasury stock holdings before contract Acquisition within profits available for dividends (shrs.) Common stock 204,884 Ratio (%) 1.7
Different classes of stocks - Ratio (%) -
Acquisition for other reasons (shrs.) Common stock 47,773 Ratio (%) 0.4
Different classes of stocks - Ratio (%) -
7. Date of board resolution (decision date) 2022-02-10
- Attendance of outside directors Present (No.) 2
Absent (No.) -
- Attendance of auditors (members of Audit Committee who are not outside directors) Present
8. Entrusted brokerage company KB Securities Co., Ltd.
9. Other matters to be factored into investment decisions -
【Limit to Acquiring Treasury Stocks】
Category Amount (KRW)
1. Limit to "profits available for dividends" in the Commercial Act as of the immediately preceding business year end ⓐ. Net assets 548,478,542,387
ⓑ. Amount of capital 27,214,212,500
ⓒ. Total amount of capital reserve and earned surplus reserves accumulated up to preceding business year 273,091,083,515
ⓓ. Unrealized gain as prescribed by Presidential Decree 14,358,455,328
Sub total (ⓐ-ⓑ-ⓒ-ⓓ) 233,814,791,044
2. Acquired amount of treasury stock after previous fiscal year end 3,823,634,640
3. Amount of 'dividends' and related 'earned profit reserve' decided at annual general meeting of shareholders after previous fiscal year end 11,908,292,000
4. Amount of 'interim/quarterly dividends' and related 'earned profit reserves' decided by board of directors after previous fiscal year end -
5. Amount of trust contract 20,000,000,000
6. Acquisition cost of treasury stock sold after previous fiscal year end (moving average method) -
Limit to acquisition of treasury stock (1-2-3-4-5+6) 198,082,864,404
【Holding Amount of Treasury Stock before Decision to Enter into Trust Contract】
(in shrs.)
Methods of acquisition Type of stocks Beginning balance Change Closing balance Remarks
Acquisition (+) Disposal (-) Share retirement (-)
Amount of stocks acquired within profits available for dividends Direct acquisition Direct acquisition in exchange Common stock 49,300 - - - 49,300 -
Different classes of stocks - - - - - -
Direct acquisition in OTC Common stock - - - - - -
Different classes of stocks - - - - - -
Tender offer Common stock - - - - - -
Different classes of stocks - - - - - -
Sub total (a) Common stock 49,300 - - - 49,300 -
Different classes of stocks - - - - - -
Acquisition by trust contract Number of stocks indirectly held through trust contracts Common stock 110,665 44,919 - - 155,584 -
Different classes of stocks - - - - - -
Number of stocks directly held Common stock - - - - - -
Different classes of stocks - - - - - -
Sub total (b) Common stock 110,665 44,919 - - 155,584 -
Different classes of stocks - - - - - -
Amount of stocks acquired for other reasons (c) Common stock 27,337 20,436 - - 47,773 Purchase of fraction shares following the Company's split-off and capital increase without consideration
Different classes of stocks - - - - - -
Total (a+b+c) Common stock 187,302 65,355 - - 252,657 -
Different classes of stocks - - - - - -

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Chong Kun Dang Pharmaceutical Corporation published this content on 14 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2022 01:01:03 UTC.