LocknLock, Q3 Dividends Total 83 Billion Won ... 1,653 Won Per Share

[Asia Economy Reporter Kwak Minjae] Lock&Lock announced on the 11th that it held a board meeting and decided to pay a dividend of 1,653 KRW per common share for the third quarter of this year.

The total dividend amount is 82,981,330,000 KRW, and the dividend yield is 23.05%. The dividend record date is September 30.

Lock&Lock explained that this is part of its continuously pursued shareholder return policy. From 2020 to July of this year, the company has acquired and canceled its own shares in three separate instances. In November 2021, it also announced its dividend policy for the next three years, declaring its commitment and plans for shareholder returns.

Based on this year's financial efficiency measures, Lock&Lock plans to continue implementing its shareholder return policy going forward.

A Lock&Lock representative said, "Despite the negative business environment caused by external variables in recent years, Lock&Lock has steadily posted profits and grown stably. We decided on the dividend to share these achievements with our investors," adding, "We will strive to achieve greater growth aligned with key momentum such as the normalization of the global business environment and the inauguration of the new CEO."

This content was produced with the assistance of AI translation services.