HANMI Semiconductor announced on the 13th that it has decided to burn 1,302,059 shares of its own stock (about 1.3 billion won). This is the largest share buyback in the company's history.
A representative from HANMI Semiconductor noted, "This decision was made based on the enhancement of corporate value, shareholder returns, and confidence in the company's future value."
HANMI Semiconductor has already burned 573 million won of the 2 billion won worth of its own shares acquired last year. If this burn takes place, HANMI Semiconductor will be burning 94% of the shares it has acquired.
Earlier, HANMI Semiconductor disclosed on the 10th that Chairman Kwak Dong-shin would acquire 2 billion won worth of the company's own stock. The shares acquired by Chairman Kwak since 2023 are estimated to be worth around 393 million won.
Founded in 1980, HANMI Semiconductor is the world's leading company in the TC bonder for HBM production, holding approximately 320 clients. It is known that more than 90% of the HBM3E 12-layer products used by Nvidia and Broadcom are produced with HANMI Semiconductor's equipment.