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| Hanjin KAL CI. / Hanjin KAL |
Hanjin KAL, the holding company of Hanjin Group, will retire 6,473 shares of treasury stock it holds.
Hanjin KAL disclosed on the 13th that its board of directors decided to retire 4 common shares and 6,469 preferred shares, with the retirement scheduled for the 25th.
The retirement amount, based on book value, totals 54,427,477 won. The shares being retired are treasury stock the company acquired and held during its establishment process; no separate acquisition of treasury stock will take place.
While this retirement will reduce the total number of issued shares, it will not affect capital.
Kim Han-seul
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