![[Breaking News] Commercial Act Amendment Bill Mandating 'Treasury Stock Cancellation' Passes National Assembly - Seoul Economic Daily Politics News from South Korea](/_next/image?url=https%3A%2F%2Fwimg.sedaily.com%2Fnews%2Fcms%2F2026%2F02%2F25%2Fnews-p.v1.20260225.1819c2b43bd443e2a46e6f9add04925f_P1.jpeg&w=3840&q=75 "Korea Passes Mandatory Treasury Stock Cancellation Law")
A commercial law amendment mandating the cancellation of treasury shares passed the National Assembly plenary session.
The amendment was approved at the plenary session held at the National Assembly on the 25th, with 175 votes in favor out of 176 cast.