Doosan Robotics to Release 34% Stake, 22.1 Million Shares Set for Market on October 5
Kim SangJin
letyou@alphabiz.co.kr | 2024-10-02 03:17:27
[Alpha Biz= Reporter Kim Sangjin] Doosan's 22.1 million shares of Doosan Robotics, accounting for 34.09% of its total issued shares, will be released to the stock market on October 5, after a one-year lock-up period.
The Korea Securities Depository announced on the 30th that a total of 242.32 million shares from 39 companies, including Doosan Robotics and Korea Zinc (010130), will be released from mandatory holding registration in October. The mandatory holding registration system is designed to protect general investors by requiring major shareholders to hold their shares for a certain period without disposing of them.
In the KOSPI market, a total of 35,488,728 shares from four companies, including Doosan Robotics, will be released. Of these, the shares of Doosan Robotics being released on the 5th are those held by Doosan, the largest shareholder, which were registered under mandatory holding since the company's listing last October.
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