Gwak Dong-shin, chairman of HANMI Semiconductor. /Courtesy of HANMI Semiconductor

HANMI Semiconductor said Chair Gwak Dong-shin will purchase an additional 3 billion won worth of company shares with personal funds.

On the 30th, according to HANMI Semiconductor, with this share buyback, Chair Gwak will have acquired a total of 56.5 billion won (693,722 shares) in company shares since 2023. The planned acquisition date is Apr. 27, and the purchase will be made on the open market. Once the acquisition is completed, Chair Gwak's equity ratio will rise to 33.57%.

HANMI Semiconductor said Gwak's steady personal purchases of company shares go beyond simple equity accumulation and are intended to signal the market's confidence in HANMI Semiconductor's TC bonder technology in the high bandwidth memory (HBM) equipment market.

Gwak said, "HANMI Semiconductor has grown by building unrivaled technological prowess over a long period," adding, "As a manager and the No. 1 shareholder, I believe in the company's fundamental value and want to share the fruits of long-term growth with shareholders."

In 2008, when HANMI Semiconductor's share price was in the 1,400-won range, it surpassed 300,000 won early this month, and its market capitalization topped 30 trillion won. According to TechInsights, HANMI Semiconductor holds the No. 1 global position with a 71.2% share in TC bonder equipment, which is essential for HBM production.

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