News · The Korea Economic Daily·

S-Oil... no: S1 to buy back and cancel ₩450B in shares, and will also eliminate existing treasury shares

Predicted impact: Medium· Actual: +14.2% vs sector, volume 2.7× normal (5 trading days)

Cancellation of the ₩450B buyback repeats the tender offer in this batch; cancellation adds some new detail.

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