Wonik IPS has officially announced a decision to dispose of a portion of its treasury shares to be used for employee stock compensation. The company intends to distribute 51,456 shares of Common Stock to 1,431 eligible employees to enhance motivation and talent retention. The disposal is scheduled to take place on September 16, 2026, via direct transfer from the company’s treasury account to individual employee accounts.
The disposal price has been set at 110,100 KRW per share, based on the closing price of the Korea Exchange on September 14, 2026, the day prior to the board resolution. The total estimated disposal value is 5,665,305,600 KRW (~$4.16M USD based on 1360 KRW/USD). Samsung Securities Co., Ltd. will serve as the brokerage agent for this transaction.
Prior to this disposal, Wonik IPS held a total of 428,211 shares of Common Stock. The company noted that the shares being disposed of represent approximately 0.10% of the total issued shares (49,083,901 shares), and therefore, the dilution effect on shareholder value is expected to be minimal.