BGF Subsidiary to Cancel 3,764,752 Treasury Shares

Bitget2026/10/30 03:23

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BGF announced that its subsidiary, BGF Eco Materials, will cancel 3,764,752 common shares held as treasury stock.
The board authorized the cancellation on Oct. 30, 2026.
The shares are valued at KRW 14.49 billion based on acquisition cost.
The shares were acquired through a tender offer conducted from Oct. 8 to Oct. 27, which settled on Oct. 29.
The cancellation will reduce the 62,766,899 common shares outstanding without reducing share capital.

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. BGF Co. Ltd. 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: 20261030800437), on October 30, 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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BGF Subsidiary to Cancel 3,764,752 Treasury Shares

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