Manyo Factory, a functional cosmetics manufacturing corporations, was strong early on the 26th. It is interpreted as buying on expectations that existing shareholders will benefit from the previous day's decision to purchase treasury shares.
As of 9:29 a.m. that day, Manyo Factory was trading on the KOSDAQ market at 12,280 won, up 510 won (4.33%) from the previous trading day.
According to the Financial Supervisory Service's electronic disclosure system, Manyo Factory disclosed that after the close of regular trading the previous day it signed a trust agreement to acquire 5 billion won worth of treasury shares.
The purpose of the acquisition is to enhance shareholder value and stabilize the stock price. The expected number of shares to be acquired is about 420,875, and the price of the shares to be acquired is 11,880 won per common share. The contract period is from Mar. 25, 2026, to Sep. 24, 2026.