POSCO | CIK:0000889132 | 3

  • Filed: 4/27/2018
  • Entity registrant name: POSCO (CIK: 0000889132)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/0001193125-18-136684-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/889132/000119312518136684/pkx-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0000889132
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  • ifrs-full:DisclosureOfTreasurySharesExplanatory

    27. Treasury Shares

    Based on the Board of Directors’ resolution, the Company holds treasury shares for business purposes including price stabilization. The changes in treasury shares for the years ended December 31, 2016 and 2017 were as follows:

     

         2016     2017  
         Number of shares     Amount     Number of shares     Amount  
         (shares, in millions of Won)  

    Beginning

         7,191,187     1,533,898       7,189,170     1,533,468  

    Disposal of treasury shares

         (2,017     (430     (1,939     (414
      

     

     

       

     

     

       

     

     

       

     

     

     

    Ending

         7,189,170     1,533,468       7,187,231     1,533,054