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DB HiTek’s Bucheon plant. (Photo: DB HiTek) |
[Alpha Biz= Paul Lee] Seoul, September 15, 2025 — DB HiTek announced that it will proceed with the cancellation of its treasury shares for the first time since its establishment, as part of efforts to enhance shareholder value and boost stock market vitality.
At a board meeting held on September 15, the company resolved to cancel 894,000 shares of its own stock on September 30. Based on today’s closing price of KRW 52,200 per share, the total value of the cancellation amounts to approximately KRW 46.7 billion.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
