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%.