[Editor's Note] Wooyang HC is set to acquire 3 billion won worth of treasury shares to enhance shareholder value.

Wooyang HC announced on the 17th that it held a board of directors meeting and decided to sign a trust contract for the acquisition of treasury shares worth 3 billion won.

This trust contract was signed with KB Securities, and the contract period runs from today (the 17th) until December 16. The total contract amount is 3 billion won.

The number of shares to be acquired is 322,927 common shares. The planned acquisition price is 9,290 won per share, which was calculated based on the closing price on the day prior to the board resolution date. The company stated that the purpose of this trust contract is to cancel the acquired treasury shares in order to enhance shareholder value.

However, the actual acquisition size may vary depending on future stock price fluctuations. The company explained through a regulatory filing, "The planned number of shares to be acquired is calculated based on the closing price on the day prior to the board resolution date, and the actual number of shares acquired may vary depending on future stock price fluctuations," adding that the actual acquisition amount may also change. The treasury shares acquired after the termination of the trust contract will be held until formal cancellation begins.

Meanwhile, prior to the signing of this contract, Wooyang HC already held 8,295 treasury shares (0.06% stake) acquired through other methods. The company's maximum limit for treasury share acquisition was shown to be 45.4759 billion won. This amount is within the range of distributable profits calculated based on the individual financial statements as of the end of 2025.