Kakao Plans KRW 150 Billion Share Cancellation

Bitget2026/11/05 00:10

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Kakao decided on November 5, 2026, to cancel an estimated 5,154,639 common shares.
Open-market buybacks totaling KRW 150 billion are scheduled from November 6, 2026, through February 5, 2027.
The cancellation will reduce outstanding common shares from 443,000,510 without reducing share capital.
The estimated cancellation volume uses the November 4, 2026, closing price of KRW 29,100 per share.
Actual cancellation volume and value may vary with share-price movements during the buyback period.

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. Kakao Corp. 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: 20261105800084), on November 05, 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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Kakao Plans KRW 150 Billion Share Cancellation

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