- Board of Directors resolves to cancel entire treasury share holdings worth KRW 268.2 billion… approximately 11.7% of total shares outstanding 

- Additional KRW 10 billion treasury share purchase approved 

- Announces KRW 500 billion shareholder return plan over three years (2025–2027); achieves KRW 230 billion in the first year 

- Demonstrates a firm commitment to enhancing long-term shareholder value and investor trust by improving capital efficiency and meaningfully increasing EPS through this treasury share cancellation

Misto Holdings Corp. announced on the 16th that its Board of Directors has approved the cancellation of all treasury shares currently held, amounting to approximately KRW 268.2 billion, as well as the additional acquisition of treasury shares worth KRW 10 billion. This cancellation accounts for approximately 11.7% of total shares outstanding, making it the largest share cancellation in the company’s history. 

This decision forms a key part of Misto Holdings’ long-term strategy to enhance shareholder value and reinforce trust through disciplined capital management. This marks the company’s second full cancellation of treasury stock, following a similar initiative in March of last year. By reducing the total number of outstanding shares, the company expects to improve earnings per share (EPS) and bolster the foundation for sustainable growth. 

The newly approved share buyback is also aligned with the company’s three-year shareholder return plan (2025–2027), which targets a total return of KRW 500 billion. Misto Holdings completed a KRW 150 billion share repurchase in the first half of this year, followed by an additional KRW 20 billion share repurchase approved by the Board in September. With this newly authorized program in December, the company has resolved to repurchase a total of KRW 180 billion in 2025.

In November, the company also declared a special dividend of KRW 940 per share, totaling approximately KRW 50.4 billion, marking its fourth consecutive year of dividend payout. Combined with the buybacks, this brings the total shareholder return in 2025 to KRW 230 billion, achieving 46% of the three-year target in the first year. 

“Our decision to cancel all treasury shares is a strategic action aimed not at short-term market reactions but at simultaneously strengthening our long-term growth potential and investor trust,” said Ho Yeon (Aaron) Lee, Chief Financial Officer of Misto Holdings. “Supported by a solid financial structure and stable cash flows, we will continue to enhance shareholder value at the forefront of our responsibilities.” 

Earlier this year, Misto Holdings rebranded from FILA Holdings under the new corporate identity “Redefining Boundaries,” reflecting its long-term vision to strengthen global brand competitiveness and diversify future growth strategies. The group remains focused on delivering sustainable value through enhanced brand equity and improved business performance.