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Photo = Yonhap news |
[Alpha Biz= Kim Jisun] Coway has announced a significant enhancement to its shareholder return policy for 2025, which will include cash dividends and the complete buyback and cancellation of its treasury shares.
On Monday, Coway revealed that it will increase its total shareholder return ratio from the previous 20% to 40%, more than doubling the amount returned to shareholders. The total shareholder return ratio refers to the percentage of a company’s net profit returned to shareholders in the form of dividends or stock buybacks/cancellations.
A total of 1.89 million shares, or 2.56% of the company’s total stock, will be repurchased and canceled by the end of 2025. The shareholder return ratio will be maintained at this level through 2027 for the next three years.
Coway also plans to participate in corporate value-up programs aimed at increasing the company’s value. Detailed plans for this initiative will be disclosed through a public filing in the first quarter.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
