K Auction retires 500,000 common shares via cancellation of treasury stock

Bitget2026/09/29 06:09

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K Auction plans to cancel 500,000 common shares from treasury stock, reducing issued shares from 25,888,290 common shares.
Board resolution dated Sept. 29, 2026; share cancellation scheduled for Oct. 20, 2026.
Par value is KRW 500 per share; cancellation amount recorded as KRW 0 based on a zero-cost book value.
The shares were acquired via a gift from controlling shareholder TA Advisor on Sept. 28, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. K Auction Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260929900405), on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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K Auction retires 500,000 common shares via cancellation of treasury stock

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