Shinsegae Food to Cancel 837,140 Treasury Shares on July 21, Proceed with Emart Stock Exchange on July 23

Shinsegae-3.44%
According to Yonhapinfomax, Shinsegae Food announced on July 16 that its board of directors approved the cancellation of all treasury shares held by the company, totaling 837,140 common shares, scheduled for July 21. Following the share cancellation, the company will proceed with a comprehensive stock exchange with Emart on July 23 and subsequently delist from the exchange. After completion of the cancellation, the total number of issued shares will be reduced to 3,035,340 common shares.
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