Union Korea Pharm Cuts Capital by 0.3% Through Cancellation of 243,338 Shares
Bitget2026/10/21 02:13- Union Korea Pharm announced on Oct. 21, 2026, a capital reduction canceling 243,338 ordinary shares, representing 0.3% of outstanding shares.
- The transaction involves a three-for-one consolidation of 365,003 ordinary shares issued through a debt-to-equity conversion.
- Outstanding ordinary shares will decrease to 79,972,918 from 80,216,256.
- Capital will decline to KRW 39.99 billion from KRW 40.11 billion.
- Fractional shares arising from the consolidation will be canceled without compensation.
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