HPO Announces Plan for Differential Dividend of 300 KRW per Share for Minority Shareholders

[Asia Economy Reporter Jang Hyowon] High-end premium health functional food company HPIO announced its cash dividend plan for this year on the 23rd through a public disclosure.

The dividend will be distributed differentially, with 75 KRW per common share for the largest shareholder and 300 KRW for other shareholders excluding the largest shareholder. The record date for dividends is the 31st of this month, and the dividend amount and method will be decided at the upcoming settlement board meeting and regular shareholders' meeting.

A company official stated, "As part of shareholder profit return and shareholder-oriented management, we are planning cash dividends and differential dividends for this fiscal year."

Meanwhile, differential dividends are a representative shareholder return policy where major shareholders receive a lower dividend rate or no dividend resolution compared to minority shareholders.

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