Korea Zinc Announces Cancellation of Its Treasury Shares
Korea Zinc (010130 KS)'s chairman Choi Yoon-Beom announced that the company will cancel all 2.04 million treasury shares that the company acquired through a tender offer last year.
Now the company has finally decided to cancel all of the treasury shares this year, this should have a positive impact on its share price.
Korea Zinc announced better than expected earnings in 1Q25. Korea Zinc achieved more than 3.5-fold increase in sales in the strategic minerals sector, including antimony, indium, and bismuth in 1Q25.
Photo of antimony (Source: Google images)
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