Vice Chairman speaks on seeking appropriate balance in improving rules on listed companies' treasury stocksJun 05, 2023

FSC Vice Chairman Kim So-young delivered congratulatory remarks at a seminar held by the Korea Exchange and the Korea Institute of Finance on the topic of improving rules on listed companies' treasury stocks. In his speech, Vice Chairman Kim said that the government will review ways to improve the current rules on treasury stocks to prevent them from being used as a means of strengthening the control of large shareholders and to help with shareholder value maximization. While making Korea's treasury stock rules more consistent with global standards, Vice Chairman Kim said that authorities will work on measures that will help protect the rights and interests of general shareholders more thoroughly.