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Photo = Celltrion |
[Alpha Biz= Paul Lee] SEOUL, May 21 — Celltrion announced a comprehensive shareholder return program, including a bonus share issuance, share buybacks, and increased ownership by its largest shareholder, as part of efforts to enhance shareholder value and address concerns over stock undervaluation.
The company said it will issue 0.05 new shares per common share, totaling approximately 10.92 million shares, with listing scheduled for June 30. In addition, Celltrion plans to repurchase KRW 100 billion worth of treasury shares, equivalent to around 550,000 shares.
If all repurchased shares are retired within the year, total share cancellations in 2025 could reach roughly KRW 2 trillion, or about 10 million shares. This follows a KRW 1.8 trillion share cancellation carried out last month, highlighting the company’s accelerated shareholder return policy.
Meanwhile, Celltrion Holdings plans to acquire an additional KRW 100 billion worth of shares to reinforce its commitment to responsible management and long-term value creation.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
