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Young Poong: Announces Cancellation of Entire Treasury Shares and 10:1 Stock Split

Young Poong: Announces Cancellation of Entire Treasury Shares and 10:1 Stock Split

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Douglas Kim
Mar 10, 2025
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Douglas Research Insights
Douglas Research Insights
Young Poong: Announces Cancellation of Entire Treasury Shares and 10:1 Stock Split
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  • On 10 March, Young Poong (000670 KS) announced that it plans to cancel all of its treasury shares and conduct a 10-to-1 stock split.

  • Driven by the treasury shares cancellation and stock split, Young Poong's share price rose 8.9% to 489,000 won today (10 March 2025).

  • Our updated NAV of Young Poong suggests NAV per share of 834,064 per share, representing a 71% upside from current levels.

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