POSCO Holdings to sell POSCO DX stake via swap
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.
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
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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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in POSCO DX is POSCO Holdings (PKX) disposing of?
What is the purpose of POSCO Holdings (PKX) reducing its POSCO DX stake?
What are the key terms of the Price Return Swap linked to POSCO Holdings (PKX) disposal?
How is POSCO DX performing financially according to the PKX filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.
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