The company said it has a repurchase program under which it is authorized to buy back up to US$1 billion in aggregate of its Class A and Class B common stock from time to time. Under the program, ASX-listed CDIs will not be repurchased.

1. 01

   The company said it has a repurchase program under which it is authorized to buy back up to US$1 billion in aggregate of its Class A and Class B common stock from time to time. Under the program, ASX-listed CDIs will not be repurchased.

2. 02

   The company said that in its May 27, 2024 daily notification to the ASX, it bought back 13,051 Class A common shares for US$346,397.03 on the prior trading day, May 24, 2024. Cumulative purchases before that day totaled 18,363,895 shares for US$350,980,183.26.

3. 03

   The company said it has bought back Class A and Class B shares under the program to date for approximately US$526,961,912.38 in total consideration paid. It said the highest price paid was US$27.09 on March 11, 2024, and the lowest price paid was US$14.88 on September 29, 2022.

4. 04

   The company said the buybacks are being made for cash through BofA Securities, Inc., and that it gave "To enhance shareholder value" as the reason. It said no security holder approval is required. It said the purchase price is not known, and it described its intention to buy back shares from time to time, depending on market conditions and the market price of its stock.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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