Lotte Insurance "Plans for Interim Dividends or Share Buybacks This Year"
[Asia Economy Reporter Changhwan Lee] Lotte Insurance held its regular general meeting of shareholders on the 31st at its headquarters located on Sowol-ro, Jung-gu, Seoul, and announced that it plans to pursue either an interim dividend or share repurchase within this year to enhance shareholder value.
Lotte Insurance emphasized that it decided to implement an active shareholder value enhancement policy based on improved profits following the change of major shareholders.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- "Was This Delicious Treat Enjoyed Only by Koreans?"... The K-Dessert Captivating Japan
- Despite Captivating the Nation for Over a Month... "Timmy" the Whale Ultimately Found Dead
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Previously, Lotte Insurance disclosed that it turned profitable last year with a net income of 123.3 billion KRW. The loss ratio improved from 88.6% to 87.5%.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
