SK Inc: Solid Corporate Value Up Plan Muddled by SK Chairman Chey's Ongoing Divorce Proceeding
On 28 October, SK Inc (034730 KS) announced its corporate value up program.
Minimum annual DPS was set at 5,000 won. The combination of dividends and share buyback/cancellations would mean that the total shareholder returns could range about 4% to 5% per year.
The company announced its goal of improving its ROE to around 10% in the long-term. From 2021 to 2023, the company's ROE averaged 3.9%.
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