On July 3, the Financial Supervisory Service's electronic disclosure system (DART) revealed that Kim received 20,066 subscription rights as part of the capital increase for existing shareholders of Hanwha Solutions.
As a result, his holdings of specific securities increased from 81,400 shares to 101,466 shares. His existing common stock remains unchanged at 81,400 shares, while the newly allocated 20,066 shares are subscription rights.
In March, following the announcement of Hanwha Solutions' capital increase, Kim decided to buy back approximately 3 billion won worth of company shares in response to shareholder backlash.
The subscription rights were allocated based on the date of June 29. The acquisition price is noted as 27,900 won per share, the initial issuance price.
Meanwhile, Hanwha Solutions officially commenced its 1.7 trillion won capital increase after passing a review by the Financial Supervisory Service last month. The company plans to use about half of the raised funds to repay debts and improve its financial structure, while also investing in the operation of its solar energy integrated production hub, known as the 'Solar Hub,' in the United States and in next-generation solar cell technology.
* This article has been translated by AI.
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