Digital Daesung to Return Over Half of Net Income for Four Years... Launches High Dividends and Treasury Share Buybacks

Digital Daesung, an educational content platform company led by CEO Kim Heeseon, has announced a mid- to long-term shareholder return policy to return more than half of its controlling net income to shareholders over the next four years, marking the start of a full-fledged shareholder return initiative.

On November 17, Digital Daesung disclosed that from 2025 to 2028, it will return at least 50% of its consolidated controlling net income to shareholders. This policy aims to enhance the predictability, sustainability, and reliability of shareholder returns. The net income used as the basis for returns will exclude one-off, non-recurring gains and losses, thereby reflecting actual operating performance. The return will be executed through a combination of cash dividends and the repurchase and cancellation of treasury shares.

To strengthen the policy’s effectiveness and credibility, the company signed a treasury share trust contract worth 5 billion KRW on the same day for the purpose of cancellation. In the short term, this is intended to stabilize the share price and improve supply-demand dynamics, while after the repurchase is completed, the cancellation will maximize shareholder returns.

Additionally, Digital Daesung plans to proactively implement cash dividends that meet the requirements for high-dividend listed companies in response to the government’s dividend tax reform. The company will also improve transparency and efficiency in the dividend process by adjusting the record date for dividends, enabling investors to make investment decisions after the dividend amount is confirmed.

In addition to consistent dividends, Digital Daesung has also pursued capital returns by canceling 1 million treasury shares in 2022 and approximately 1.15 million shares in 2023. This new mid- to long-term policy builds on these efforts, further strengthening the scale and predictability of shareholder returns.

Kim Heeseon, CEO of Digital Daesung, stated, “This shareholder return policy is a decision aimed at enhancing predictability and trust from the perspective of our shareholders. Based on our strong fundamentals and confidence in our performance, we will continue to pursue sustainable growth and actively implement shareholder-friendly management.”

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