POSCO Holdings Inc. (NYSE: PKX) trims POSCO DX stake via PRS deal
Rhea-AI Filing Summary
POSCO Holdings Inc. approved disposal of 23,385,917 shares of affiliated POSCO DX Company Ltd. for KRW 481,749,890,200, equal to 0.77% of its consolidated equity capital as of December 31, 2025.
After the sale, POSCO Holdings will hold 76,017,365 POSCO DX shares, representing 50.0% of POSCO DX’s 152,034,729 issued shares. The company plans simultaneously to enter a three-year Price Return Swap on the same 23,385,917 shares with a reference price of KRW 20,600 per share, netting the difference between this price and actual disposal values. Stated objectives are to reduce a holding company discount and secure funds for strategic investment.
Positive
- None.
Negative
- None.
Filing Explained
The approved disposal has not yet occurred: it is scheduled for
Key Figures
Key Terms
Price Return Swap financial
over-the-counter derivative transaction financial
after-hours block trading financial
equity capital financial
holding company discount financial
Audit Committee regulatory
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