Misto Holdings clarifies KRW 72.68 billion Acushnet share sale value is before withholding tax
GOLF•Misto Holdings said the KRW 72.68 billion value of Magnus Holdings' disposal of 583,527 Acushnet shares represents gross proceeds before withholding tax; the sale leaves Magnus with an estimated 50.58% stake.
1. Sale value clarification
Misto Holdings corrected its October 16, 2026 disclosure to clarify that the KRW 72.68 billion value of Magnus Holdings' disposal of 583,527 Acushnet shares under Acushnet's share repurchase program is gross proceeds, not proceeds adjusted for withholding tax. Magnus is estimated to retain a 50.58% stake.
