Disclosure Decoder

Disclosure Decoder

Disclosure Decoder #011: Samsung Biologics' smaller rights offering leaves KRW 336bn of spending to its own funds

Samsung Biologics' first-round price of KRW 1.174mn (~$862) cuts indicated proceeds to KRW 2,665bn (~$1,956M). Under its stated priority order, the whole raise now goes to the securities acquisition and the KRW 295bn (~$216M) facility line drops out.

Disclosure Decoder

Disclosure Decoder #010: Hana Financial spends 99.9% of its KRW 250bn buyback and fixes the cancellation at 1.89 million shares

Hana Financial spent 99.9% of its KRW 250bn (~$183.5M) buyback and closed the window three weeks early; 1,885,706 shares now await cancellation on a date still to be set.

Disclosure Decoder

Disclosure Decoder #009: Hyundai Mobis Spins Off Lamp Unit for Full Sale to OPmobility

Hyundai Mobis spins off its lamp division for a KRW 600bn (~$443M) sale to OPmobility SE, a price announced outside the filing. The appraisal price sits about 11% above the market, and claims above KRW 230bn (~$170M) let the board withdraw.

Disclosure Decoder

Disclosure Decoder #008: Celltrion Launches KRW 100bn Buyback to Boost Shareholder Value

Celltrion's board resolved on 29 September 2026 to acquire 560,853 common shares at an estimated total of KRW 100bn (~$74M), using on-market purchases through NH Investment and Securities as executing broker. All five independent directors attended; none were absent. The daily order cap is 99,194 c

Disclosure Decoder

Disclosure Decoder #007: Hanwha Ocean Buys Back Shares to Fund Employee Equity Compensation

The board approved acquisition of up to 421,907 common shares at a target outlay of KRW 33.6bn (~$24.7M), using the closing price of KRW 79,600 (~$58.5) on 23 September 2026 as the reference. The programme runs 29 September to 28 December 2026, with a daily purchase order cap of 163,789 shares. All

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Disclosure Decoder #006: Celltrion cancels 544,299 treasury shares, shrinking share count September 30

Celltrion will cancel 544,299 common shares, drawn entirely from existing treasury stock already on the balance sheet. The book value of those shares at the board resolution date is KRW 96.2bn (~$70M). Total issued common shares before cancellation stand at 232,617,176. Par value per share

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Disclosure Decoder #005: POSCO International Pumps 533 Billion Won Into US Shale Gas Unit

POSCO International will subscribe to 2,000 newly issued shares of its U.S. subsidiary for KRW 532,902,157,920 (approximately $396 million, per the filing's own footnote referencing U.S. dollar figures). Before this transaction the parent held 1,000 shares; after it will hold 3,000 shares,

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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.

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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.