Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Kumho Petrochem: Share Buyback, Cancellations, & Higher Dividends

NHN: Cancellation of Treasury Shares Equivalent to 10% of Outstanding Shares Over Next 3 Years

Block Deal Sale of Woori Financial Group by KDIC

Mean Reversion Pair Trade Ideas in the Korean Banking Sector

Shinhan Financial Group: Chairman Buys Shares, Capital Flows Analysis, & Higher Dividends Likely

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Event-Driven

<ul>
<li>In this insight, we have identified 16 Korean companies that have announced common shares cancellations in 4Q 2021 and 1Q 2022.</li>
<li>There has been a tremendous outperformance of KOSDAQ listed companies that have announced shares cancellations in this period. </li>
<li>Given the continued outperformance of Korean companies that are outperforming the market after announcing treasury shares cancellation, this reflects an alpha generating trend that bears close scrutiny. </li>
</ul>


In this insight, we have identified 16 Korean companies that have announced common shares cancellations in 4Q 2021 and 1Q 2022.
There has been a tremendous outperformance of KOSDAQ listed companies that have announced shares cancellations in this period. 
Given the continued outperformance of Korean companies that are outperforming the market after announcing treasury shares cancellation, this reflects an alpha generating trend that bears close scrutiny. 


Mirae Asset Securities Co, Ltd. (037620 KS)

Korean Companies Announcing Share Cancellations Are Outperforming the Market

KB Financial

Korean Companies Announcing Share Cancellations Are Outperforming the Market