SK Securities advances share buyback of 18.2 billion KRW and par value consolidation

2026-03-04 19:06:52

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SK Securities will promote share repurchase and face value consolidation strategies to enhance shareholder value. This move aims to strengthen the company’s financial structure and increase stock value.

SK Securities has decided to repurchase 10 million shares, totaling 18.2 billion KRW. The goal is to provide higher value to shareholders by reducing the number of shares outstanding and increasing per-share value.

In addition to the buyback, SK Securities will consolidate the face value of its shares from the current 500 KRW to 1,000 KRW. As a result, the total number of issued shares will decrease from 472,591,71 to 236,295,85, nearly halving. This is seen as a measure to promote active trading and enhance stock value.

Regarding the share consolidation, trading will be suspended from the 7th to the 24th of next month to facilitate the re-listing of new shares. These decisions are expected to be finalized at the upcoming annual shareholders’ meeting on the 24th of this month. SK Securities stated that this measure is part of efforts to maintain an appropriate number of circulating shares and seek market rational valuation.

In the long term, such moves may positively impact the company’s stock price. They are likely to be effective strategies for efficiently utilizing company assets and further increasing shareholder value.

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