Disclosure Decoder

Disclosure Decoder

Disclosure Decoder #004: Hyundai Motor Cancels KRW 476 Billion and Reports It as KRW 789 Billion

The board resolved on 26 August to cancel 1,291,274 common and 1,214,332 preferred shares. Item 4 reports the amount as KRW 789.1 billion. The notes give a second figure, KRW 476.4 billion, the carrying value. Only one of them is the cost.

Disclosure Decoder

Disclosure Decoder #003: SK Hynix's KRW 40 Trillion Buyback With No Cancellation Date

The board (6 of 6 outside directors present, 0 absent) resolved on 19 August 2026 to repurchase and then cancel 24,070,000 common shares — approximately 3.3% of the 730,492,365 shares currently outstanding. The planned cancellation amount is KRW 40,004,340,000,000 (~$28.8B). The share coun

Disclosure Decoder

Disclosure Decoder #002: KB Financial, Three Filings to Close One Escape Hatch

KB executed a KRW 600B (~$405.8M) treasury share cancellation to within KRW 32, then filed a second amendment for the sole purpose of entering a retirement date it was under no obligation to disclose.

Disclosure Decoder

Disclosure Decoder #001: Samsung's ₩16 Trillion Question

Samsung announced Korea's largest buyback. By April, everything not reserved for compensation was cancelled — not held. KoreaAlpha Follow-Through Score: 43 → 80/100.