Unison shareholders vote to approve 1-for-5 share consolidation at extraordinary meeting
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- Unison held an extraordinary shareholders’ meeting on Oct. 2, 2026.
- Shareholders adopted amendments to the articles, including adding a new business purpose, changing par value, revising proxy voting, renaming independent directors, and updating directors’ duties.
- A proposal to change the board’s resolution method failed to pass.
- Shareholders also rejected proposals to establish a shareholder rights protection committee and to regularize public IR briefings for retail shareholders.
- A share consolidation was approved, calling for a 1-for-5 reverse split, raising par value per share to KRW 2,500 from KRW 500.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unison Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261002900612), on October 02, 2026, and is solely responsible for the information contained therein.
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