(Photo= Provided by SK Innovation)

 

[Alpha Biz= Reporter Kim Jisun] SK held a board meeting on the 30th and announced that it had decided to retire all of its 695,626 shares purchased last year.

The purchase price is 119.8 billion won, which is about 1% of the current market capitalization (about 11.6 trillion won).

SK announced at the shareholders' meeting in March 2022 that it would consider buying back treasury stocks worth 1% of its market capitalization every year until 2025.

Meanwhile, SK closed at 158,100 won, up 9.26% from the previous trading day.

 

 

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