POSCO Inter, Expands Shareholder Return Rate to 50%... Introduces Interim Dividend
POSCO International announced its mid- to long-term core strategies to maximize corporate and shareholder value. Starting next year, the company plans to increase the shareholder return ratio from the current 25% to 50% and introduce interim dividends to enhance shareholder value.
On the 23rd, POSCO International revealed that it announced the "Corporate and Shareholder Value Enhancement Plan" on the 20th, which includes these details. Through this plan, POSCO International will double the shareholder return ratio from 25% to 50% starting in 2025 and introduce interim dividends. The company also set goals to achieve an average annual growth rate of pre-tax profits of over 8% and generate returns exceeding 8% on invested capital.
In particular, POSCO International plans to strengthen market dominance through active expansion in the energy and food sectors, and maximize profitability by creating synergies through cooperation with the POSCO Group in the steel and mobility businesses.
The plan also includes measures to enhance communication in response to the government's value-up program initiative. The top management intends to transparently share the company's mid- to long-term strategic direction through active IR activities, pursuing sustainable growth based on trust.
A POSCO International official stated, "Through this plan, we will simultaneously enhance shareholder and corporate value and leap forward as a leading shareholder-friendly company in Korea. We will do our best to ensure continuous growth of key businesses and strengthen trust with stakeholders."
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