Lingnet Achieves Total Shareholder Return of 44%... "Value-Up Initiative Launched"

Ringnet, an IT infrastructure specialized engineering company, announced on the 3rd that it achieved a total shareholder return (TSR) of 43.9% in 2024.

Total shareholder return (TSR) is a key indicator used to evaluate a company's management performance and shareholder value by combining the stock valuation gains and dividend income that shareholders can earn over a specific period. Since it reflects stock price movements not included in shareholder return rates or dividend payout ratios, it directly represents shareholder returns.

Ringnet's 2024 total shareholder return (TSR) is the result of the increase in the closing price (4,735 KRW) compared to the 2024 market price (3,458 KRW, 4,290 KRW before the bonus issue) plus the 2024 dividend per share (240 KRW). Achieving a total shareholder return of 43.9% significantly exceeds the industry average and is self-assessed as proof of the success of its value-up strategy.

President Lee Jeong-min stated, "Based on a sound financial structure and a diverse business portfolio, we will flexibly respond to internal and external risks and continue sustainable growth in 2025," adding, "We will also steadily maintain a high level of shareholder return policy like this year going forward."

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