ESOPApr 27, 2026, 06:08 AM
SKM to Dispose 51,952 Treasury Shares for Executive Compensation
AI Summary
SK Telecom Co., Ltd. announced that its board of directors approved the disposal of 51,952 common treasury shares. The shares, valued at 100,000 Won each for an aggregate of 5,195,200,000 Won, will be used for stock compensation for independent non-executive directors and long-term incentive awards for executives. The disposal is scheduled between April 28, 2026, and May 31, 2026, and represents approximately 0.02% of the company's total issued common shares.
Key Highlights
- SKM board approved disposal of 51,952 common treasury shares.
- Disposal price is 100,000 Won per common share.
- Estimated aggregate disposal value is 5,195,200,000 Won.
- Disposal period is from April 28, 2026, to May 31, 2026.
- Purpose is stock compensation for independent non-executive directors and long-term incentive awards for executives.
- 4,860 treasury shares will be granted to five independent non-executive directors.
- 49,152 shares will be delivered to 128 executives as long-term incentive compensation.
- The disposed shares represent approximately 0.02% of the total issued common shares.
Price Impact
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