Korean companies released the following corporate disclosures on February 9:
Share Buybacks and Cancellations
Meritz Financial Group (138040) announced a decision to cancel treasury shares worth 703.4 billion won. Krafton (259960) decided to acquire and cancel treasury shares worth 200 billion won. Shinsegae International (031430) will cancel treasury shares worth 6.3 billion won, while Hyundai Livart (079430) announced cancellation of treasury shares worth 3.3 billion won. Unitrontech (142210) decided to cancel treasury shares worth 1.8 billion won.
Treasury Share Disposals
Amorepacific Holdings decided to dispose of treasury shares worth 4.96 million won. AJU Steel (139990) announced disposal of treasury shares worth 2.9 billion won. Booster (008470) decided to dispose of treasury shares worth 700 million won. Korea Credit Information (049720) announced disposal of treasury shares worth 300 million won and bonus payments.
Supply Contracts
Daehan Shipbuilding (439260) signed a contract worth 259.7 billion won to supply two crude oil carriers to an Oceania-based shipowner. Chobi (001550) signed a contract worth 122.2 billion won to supply inorganic fertilizers to Nonghyup Economic Holdings.
KGA (455180) signed a 4.9 billion won contract with Top Material to supply secondary battery electrode processing equipment. ISTE (212710) signed a 2.3 billion won contract to sell FOUP cleaning equipment to SK Hynix. CNG Hitech (264660) signed a 1.9 billion won contract to sell semiconductor manufacturing equipment to SK Hynix. Obigo (352910) signed a 1.5 billion won global supply contract for its PicNow service with Motrex Co.
Other Disclosures
Korea Export Packaging Industrial (002200) announced suspension of corrugated cardboard base paper production due to a fire at its Osan plant.