HANMI Semiconductor said on the 19th that Chair Gwak Dong-shin will purchase an additional 8 billion won worth of treasury shares with personal funds. The total value of treasury shares held by Gwak will increase to 64.5 billion won (717,638 shares). Gwak has been buying treasury shares since 2023.
Gwak plans to buy the treasury shares on the market on the 16th of next month. Once the purchase is completed, Gwak's equity stake will rise to 33.60%. Gwak said, "This additional purchase of treasury shares reflects firm confidence in HANMI Semiconductor's technological prowess and future growth potential," adding, "We will prove HANMI Semiconductor's growth as it expands into the U.S. market."
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