24. | Treasury Shares |
The Parent Company acquired treasury shares to provide share dividends, merge with Shinsegi Telecom, Inc. and SK IMT Co, Ltd., increase shareholder value and stabilize its share prices.
Treasury shares as of December 31, 2017 and 2016 are as follows:
(In millions of won, shares) | ||||||||
December 31, 2017 | December 31, 2016 | |||||||
Number of shares |
10,136,551 | 10,136,551 | ||||||
Acquisition cost |
₩ | 2,260,626 | 2,260,626 |