Shareholder Return
Shareholder Return Policy (FY 2024–2026)
The Company has established a shareholder return policy to enhance shareholder value, targeting a return of at least 25% of consolidated adjusted net income annually for the period from 2024 to 2026. Such returns will be implemented through a combination of cash dividends and share repurchases followed by cancellation.
Share Repurchase and Cancellation
- FY 2024: The Company repurchased treasury shares worth KRW 60.0 bn, and completed the full cancellation of 884,335 shares on January 24, 2025.
- FY 2025: The Company repurchased treasury shares worth KRW 30.0 bn, and completed the full cancellation of 613,400 shares on August 7, 2025.
Cash Dividend
- FY 2025 Interim Dividend:
The Board of Directors resolved on July 28, 2025 to pay a cash dividend of KRW 3,590 per share, and the payment was completed on August 11, 2025.The total dividend amount was approximately KRW 134.4 bn. - FY 2025 Final Dividend:
The Board of Directors resolved on February 27, 2026, and the resolution was approved at the Annual General Meeting in March 2026, to pay a cash dividend of KRW 1,500 per share, and the payment was completed on April 30, 2026. The total dividend amount was approximately KRW 56.2 bn.
Net Income
Total Shareholder
Return
Total Shareholder
Return (%)
- * Net income: Net income attributable to owners of the parent
- ** Total shareholder return: Sum of share repurchases and cash dividends
- *** Total shareholder return ratio: Total shareholder return / net income
Dividends
Dividend Overview
Following its listing in February 2024, the Company announced its shareholder return policy in July 2024 and has been consistently executing it. To enhance the predictability of shareholder returns, the Company implemented cash dividends twice for FY2025, including both an interim dividend and a final dividend.
| Category | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Par value per share (KRW) | - | - | - | 100 | 100 | |
| Dividend per share (KRW) | Interim | - | - | - | - | 3,590 |
| Final | - | - | - | - | 1,500 | |
| Total dividends (KRW bn) | - | - | - | - | 190.5 | |
| Consolidated net income (KRW bn)* | - | - | - | - | 289.7 | |
| Cash dividend payout ratio (%) | - | - | - | - | 65.8 | |
| Cash dividend yield (%)** | - | - | - | - | 1.7 | |
- * Net income attributable to owners of the parent
- ** Based on disclosures filed with the Financial Supervisory Service (DART)
Share Repurchase & Cancellation
Share Repurchase and Cancellation History
| Category | 2024 | 2025 | |
|---|---|---|---|
| Net income(KRW bn)* | 107.6 | 289.6 | |
| Value of share repurchases(KRW bn) | Common | 60.0 | 30.0 |
| Number of shares repurchased | Common | 884,335 | 613,400 |
| Cancellation date | Common | January 24, 2025 | August 7, 2025 |
- * Net income attributable to owners of the parent
- * Unit : KRW bn
Treasury Shares Status
As of December 31, 2025, the Company holds holds no treasury shares, as all previously acquired treasury shares have been fully cancelled.
The Company will continue to pursue shareholder-friendly policies to enhance shareholder value.