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Bull's One decides to retire 1.41 million shares of its own stock... plans to acquire and retire an additional 1.5 million shares this year

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*This content was translated by AI.

Bull's One / Photo provided by Bull's One Co., Ltd.
Bull's One / Photo provided by Bull's One Co., Ltd.

Bull's One announced on the 24th that it has strengthened its policy on acquiring and retiring its own shares through a board of directors resolution.

Under this decision, Bull's One will retire 1.41 million shares of its own stock (approximately 4.6% of total issued shares) for the first time since its establishment. The company also plans to acquire and retire an additional 1.5 million shares by 2026. Going forward, the company intends to institutionalize and implement a shareholder return policy that regularly acquires and retires its own shares annually.

Management efficiency improvements and facility investments are also underway. In March 2026, a 2,109-square-meter materials warehouse was constructed within the Bull's One factory in Eumseong, Chungcheongbuk-do, expanding material storage capacity by approximately 51%. This has reduced costs associated with using external warehouses and enhanced the stability of logistics operations.

The market recognizes Bull's One's competitiveness. In 2026, the company ranked first in the automotive care additive category of the 13th Korea Purchasing Confidence Index (KPEI), maintaining the top position in this category for 11 consecutive years.

Bull's One plans to maintain consistency in capital management while expanding the scope of its own stock utilization in line with management performance. The company aims to drive sustained growth through a shift to a shareholder-friendly management system and linkage with business performance.

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*This content was translated by AI.

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