Doosan will retire a total of 2,568,528 shares, combining common and preferred shares, with the changed listing effective October 20. Following the share retirement, the number of issued shares will decrease, adjusting the listed share counts of the common shares, first preferred shares, and second preferred shares.

[1,956,424 Common Shares Retired... Down About 12.08%]

According to the Korea Exchange's changed listing notice, Doosan's common shares will decrease from 16,193,835 to 14,237,411 shares. The 1,956,424 common shares being retired account for approximately 12.08% of the existing common shares issued.

[First Preferred Shares Down 14.12%, Second Preferred Shares Down 5.36%]

Preferred shares are also subject to retirement. Doosan's first preferred shares will decrease from 3,996,462 to 3,432,220 shares. The reduction of 564,242 shares represents about 14.12% of the previous amount. Doosan's second preferred shares will change from 893,038 to 845,176 shares, with 47,862 shares retired, a decrease of approximately 5.36%.

[Total Share Count Down 12.18%]

The combined retirement of common shares and the two classes of preferred shares totals 2,568,528 shares. The total number of shares will fall from 21,083,335 before the change to 18,514,807 after, an overall reduction of about 12.18%.

[Retirement Date October 2... Par Value Maintained at 5,000 Won]

The share retirement date was October 2, and the changed listing date is October 20. The par value per share remains 5,000 won. The dividend base date is January 1, 2026, and the fiscal year-end is the end of December.

[Not Directly Linked to Share Price Gains or Increased Corporate Value]

This changed listing is an adjustment of issued shares resulting from the share retirement. Share retirement eliminates issued shares to reduce the total number of shares, which can generally affect the number of tradable shares and per-share metrics.

However, a decrease in share count does not immediately imply a rise in share price or corporate value. The actual impact on share prices may vary depending on the funding source and method of retirement, market supply and demand, corporate performance, and investor sentiment.

Moreover, the changed listing notice does not include specific explanations of how the retired shares were acquired or the funding source for the retirement. Therefore, separate disclosures must be reviewed to directly interpret this retirement as part of a specific treasury stock purchase policy or additional shareholder return plans.

The securities subject to the changed listing are Doosan common shares (000150), Doosan first preferred shares (000155), and Doosan second preferred shares (000157). With this changed listing, Doosan's listed share count will decrease for both common and preferred shares. Investors should check the adjusted share counts and related disclosures following the changed listing on the 20th.

[This article was written based on the Korea Exchange's changed listing notice for Doosan. The reduction in issued shares due to share retirement does not guarantee share price increases or investment returns. This article is not a recommendation to invest in any specific security, and investment decisions and responsibility rest with the investor. AI assistance was used in the writing of this article.]