[Featured Stock] Samsung Life Insurance Rises on Mid-to-Long-Term Shareholder Return Rate Target of 50%
Samsung Life Insurance's stock price is on the rise. The recent announcement of a mid-to-long-term shareholder return rate target of 50% appears to be influencing the stock price.
![[Featured Stock] Samsung Life Insurance Rises on Mid-to-Long-Term Shareholder Return Rate Target of 50%](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
At 10:02 AM on the 19th, Samsung Life Insurance was trading at 93,100 KRW, up 4.84% from the previous day.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Ji-won Kim, a researcher at Daol Investment & Securities, said, "Samsung Life Insurance announced a mid-to-long-term shareholder return rate of 50%, which is the highest level in the industry. Since they indicated it will be realized within at least 3 to 4 years, their commitment to expanding shareholder returns is positive. Improvement in investor sentiment is expected." He added, "The company also mentioned efforts to enhance profitability through diversification of its asset portfolio in the future."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
