Investor
Relations
Shareholders
Shareholder Return Policy
Maximize shareholder value by via share repurchases & cancellation
- Shareholder Return on the Rise ([TSR, in KRW])
- FY21 - 447.6bn
- FY22 - Dividend 280.1bn, Share repurchase 199.8bn, 479.9bn
- FY23 - Dividend 276.5bn, Share repurchase 119.8bn, 396.3bn
- Midterm Shareholder Return Policy
- Stable increase of resources for shareholder return
- Implementation of midterm shareholder return policy
- Maximize shareholder value
Shareholder Return
Category | 2023 | 2022 | 201 | |
---|---|---|---|---|
Face value per share (KRW) | 200 | 200 | 200 | |
(Separate) Net income (KRW 1 million) |
362,974 | 544,415 | 1,499,764 | |
Earnings per share (KRW) | 6,514 | 9,629 | 28,456 | |
Total Dividends (KRW 1 million) |
276,469 | 280,149 | 447,594 | |
(Separate) Dividend payout ratio (%) |
76.2% | 51.5% | 29.8% | |
Dividend yield (%) |
Common shares |
2.6% | 2.5% | 3.1% |
Preferred shares |
3.4% | 2.9% | 3.6% | |
Dividend per share (KRW) |
Common shares |
5,000 | 5,000 | 8,000 |
Preferred shares |
5,050 | 5,050 | 8,050 | |
Purchase of treasury stock (KRW 1 million) |
119,753 | 199,763 | - | |
Total shareholder return (KRW 1 million) |
396,222 | 479,912 | 447,567 |
Based on the separate financial statement of the respective fiscal year (not reflecting ex-post adjustment of profit and loss as a result of suspended projects in the following year)
Annual General Meeting of Shareholders
Details
- Date/Time: Wednesday, March 27, 2024 9:00AM (Local Time)
- Place: Jongro 26, Jongrogu Seoul, Korea
Results
Agenda | Result | Approval Rate | |
---|---|---|---|
No. 1 | Approval of Financial Statements for the 33rd Fiscal Year | Approved as originally submitted | 97.3% |
No. 2 | |||
No. 2-1 | Election of an Inside Director (Jang Yong ho) | Approved as originally submitted | 96.9% |
No. 2-2 | Election of an Outside Director (Kim Seon Hee) | Approved as originally submitted | 64.4% |
No. 3 | Election of an Outside Director as an Audit Committee member (Yoon Chi Won) | Approved as originally submitted | 64.2% |
No. 4 | Approval of Remuneration Ceiling for Directors | Approved as originally submitted | 97.5% |
No. 5 | Revision of the executive severance policy | Approved as originally submitted | 98.9% |
※ Shares present: Total number of common shares with voting rights; as reported at the commencement of the Meeting
Exercise of Voting Rights
(Unit: 1 share)
Agendas | No. 1~2, 4, 5 | No. 33) |
---|---|---|
Total Shares Issued | 73,198,329 | 73,198,329 |
Shares with Voting Rights |
54,678,917 | 34,034,776 |
Shares with Voting Rights Exercised |
40,437,518 | 20,793,377 |
Largest Shareholder1) | 18,713,100 | 4,198,362 |
Other Shareholders | 21,724,418 | 16,595,015 |
Ratio of Shares with Voting Rights Exercised to Total Issued Shares | 74.0% | 61.1% |
Ratio of Shares with Voting Rights Exercised to Total Issued Shares Excluding Largest Shareholder2) | 39.7% | 48.8% |
- 1) Largest shareholders: Chey Tae won and 35 related parties
- 2) Ratio of voting rights exercised by shareholders other than the largest shareholders: Number of voting rights exercised by shareholders other than the largest shareholders / Number of voting shares
- 3) Bill No. 3: The 3% rule shall apply when calculating the number of voting shares for the resolution on the appointment of the members of the Audit Committee among independent directors
Rights of Minority Shareholders
We remain attentive to the opinions of our minority shareholders and ensure that the following rights are protected in relation to general shareholders’ meetings.