(Photo=Hanmi Science)

 

[Alpha Biz= Reporter Paul Lee] Hanmi Science, the holding company of Hanmi Group, has retired 1,565,390 shares worth 55 billion won (based on the closing price on the 9th) to enhance shareholder value. It is about 2.2% of the total number of shares issued.

Hanmi Science said on the 11th that it has retired its own shares after reaffirming that enhancing shareholder value is an important management policy for the company at a recent board meeting.

Hanmi Science's retirement of its own shares is also in line with the purpose of the "value-up" policy being pursued by financial authorities. The company plans to be more active in efforts to return shareholders, such as expanding dividends.

 

 

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