Hancom With lifts Hancom stake past 30% with 20.6B won share buy
What's the deal? Hancom With, the de facto holding company of South Korea's Hancom Group, has raised its standalone stake in software maker HancomDealroom has a profile for this one. Try Dealroom → to 31.20% from 26.73%. It bought 1,081,666 common shares — a 4.47% stake — on the market between June 4 and July 3, 2026 for about 20.6 billion Korean won.
Beyond the plan: The purchase overshot the plan Hancom With disclosed on April 30, 2026, when it said it would buy 792,000 shares for roughly 16.5 billion Korean won. It ended up securing about 37% more shares by volume and 25% more by amount. Including special relations, the largest shareholder group's stake rose to 40.15%.
Why now? The buying came amid what Hancom called ongoing market volatility, with the company framing the move as a signal of confidence in Hancom's growth. "Regardless of market conditions, as the largest shareholder, we have consistently increased our stake in Hancom to fulfill responsible management and establish a stable governance structure," said Song Sang-yeop, representative of Hancom With.
By the numbers: Hancom's standalone sales hit a record 175.3 billion Korean won in 2025, up 10.2%. AI package sales made up about 8.9 billion Korean won, or roughly 5% of the total, but accounted for more than half of the 16.2 billion won in added sales.
What's the endgame? The AI push is accelerating. First-quarter 2026 standalone sales reached a single-quarter record of 46.5 billion Korean won, with AI sales of 5.2 billion won, or 11.21% of the total — up from a 0.04% share a year earlier.
What's it building? Hancom is developing technology to convert unstructured data into AI-readable formats and analyse the relationships between data. On that base, it has released solutions such as Hancom Assistant and Hancom Pedia.
The signal: The buy tightens founder-side control of a legacy office-software firm while it repositions around AI. Song called it a decision made "out of confidence in Hancom's strong technological moat and global growth path" — a bet that AI, not core productivity software, will drive the next leg of growth.
Read more: The Chosun Ilbo
