1. Background of Promotion

As the revised Commercial Act imposes an obligation on all joint-stock companies to prepare a treasury stock holding and disposal plan, the disclosure of holding status and disposal plans under the Financial Investment Services and Capital Markets Act aims to make the treasury stock holding and disposal plans under the Commercial Act more transparently disclosed.

2. Regulatory Content

The obligation to disclose treasury stock holding status and disposal plans, which was previously imposed only on listed companies holding 1% or more of treasury stock, is intended to be expanded to all listed companies.