Gamsung Corporation decides to acquire 2 billion won worth of treasury stock.

Lifestyle outdoor company Gamseong Corporation announced that it has decided to acquire its own shares with the aim of increasing shareholder value.

The company plans to acquire approximately 360,000 treasury shares, with a total acquisition value of approximately 2 billion won. The company plans to repurchase these shares through direct on-market purchases from March 5 to April 3.

This decision is in line with the company's plan to increase corporate value by returning at least 50% of net income to shareholders. Gamseong Corporation previously acquired approximately KRW 15 billion worth of treasury stock in 2025, and has consistently pursued shareholder return policies, including the cancellation of approximately KRW 13.3 billion worth of treasury stock.

A company official explained that, with sales growth expected to exceed the previous year's growth rate starting in 2026, the company plans to accelerate the repurchase of treasury shares to fulfill its shareholder return commitment. The company also announced its intention to pursue a high dividend policy that allows for separate taxation, along with treasury share cancellation, to create a structure where shareholders and the company grow together.

Meanwhile, Gamseong Corporation announced in a public notice in December 2024 that it would utilize more than 50% of its net profit for the previous year as a source of shareholder return for three years from 2025 to 2027.

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