Celltrion to purchase 100 billion KRW in additional treasury shares

Celltrion has announced a decision to purchase an additional 560,853 shares of its own stock, valued at approximately 100 billion KRW. This move brings the company’s total share buyback amount for the year to 400 billion KRW, totaling 2,135,262 shares.

The buyback is scheduled to take place through market purchases from September 30 to December 29. The company stated that the decision was driven by the belief that its current stock price is undervalued relative to its intrinsic value and long-term growth potential.

Celltrion intends to evaluate whether to cancel these shares or expand cash dividends during its annual general meeting in March 2027, after gathering shareholder feedback. The company maintains a long-term principle of returning approximately one-third of its annual consolidated net profit to shareholders through either share cancellations or dividends, balancing these returns with investments in R&D and production capacity.