As of December 31, 2016 and 2017, the Group’s number of authorized shares is one billion.
2016 | 2017 | |||||||||||||||||||||||
Number of outstanding |
Par value per share (Korean won) |
Ordinary Shares (in millions of Korean won) |
Number of outstanding |
Par value per share (Korean won) |
Ordinary Shares (in millions of Korean won) |
|||||||||||||||||||
Ordinary shares1 |
261,111,808 | ₩ | 5,000 | ₩ | 1,564,499 | 261,111,808 | ₩ | 5,000 | ₩ | 1,564,499 |
1 | The Group retired 51,787,959 treasury shares against retained earnings. Therefore, the ordinary shares amount differs from the amount resulting from multiplying the number of shares issued by ₩5,000 par value per share of ordinary shares. |