DS Danseok Announces Stock and Cash Dividend... "Growing Together Through Shareholder Return Policy"

Resource recycling energy company DS Danseok announced on the 16th that its board of directors has resolved to implement a stock and cash dividend.

DS Danseok will distribute a stock dividend of 0.01 shares and a cash dividend of 10 KRW per common share. The total number of dividend shares is 174,927, and the total cash dividend amounts to 174,927,960 KRW. The record date for the dividend is December 31, and the related agenda will be subject to final approval at the 2026 annual general meeting of shareholders.

This is the company's first stock and cash dividend since its listing, which the company explained is part of its policy to enhance long-term shareholder value.

Previously, on September 20, DS Danseok acquired treasury shares worth 2 billion KRW. Last month, CEO Han Seungwook purchased a total of 20,000 shares in four separate transactions.

A DS Danseok representative stated, "We are reviewing various shareholder return measures to enhance shareholder value, and this dividend decision reflects the company's commitment to grow together with our shareholders." The representative added, "We will continue our efforts to fundamentally increase corporate value by accelerating performance improvement and the development of new businesses such as Sustainable Aviation Fuel (SAF)."

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