OSANG Healthcare Announces Corporate Value Enhancement Plan, Formalizes Dividend Policy and Treasury Share Cancellation

OSANG Healthcare announced on March 23 that it has established and unveiled a mid- to long-term plan to enhance corporate value, with the aim of increasing shareholder value and restoring market trust.

OSANG Healthcare has set a mid- to long-term growth target of achieving 300 billion won in revenue by 2030. The company plans to solidify a stable growth foundation by enhancing the competitiveness of its existing businesses, while diversifying its business portfolio through the launch of new products to secure sustained growth momentum. In terms of profitability, it has set a goal of achieving an operating margin of over 10%. OSANG Healthcare intends to continuously strengthen profitability through cost efficiency and improving its portfolio to focus on high value-added products.

OSANG Healthcare will formalize its shareholder return policy by introducing a policy to pay out at least 25% of consolidated net profit as dividends. The dividend structure will be linked to the scale of profits, and the company plans to expand shareholder returns through a stable and predictable dividend policy over the mid- to long-term. Additionally, at the end of March this year, it plans to cancel 200,000 shares of treasury stock. This cancellation is expected to increase earnings per share (EPS) and book value per share (BPS), thereby enhancing corporate value.

To strengthen communication with investors and shareholders, OSANG Healthcare will also expand regular investor relations (IR) activities and enhance information disclosure. Through these efforts, the company plans to continuously share updates on the implementation of its corporate value enhancement plan.

A representative from OSANG Healthcare stated, "Through this corporate value enhancement plan, we aim to increase the predictability of our shareholder return policy and secure both mid- to long-term growth and profitability, laying the foundation for a revaluation of corporate value," adding, "We will work to strengthen market trust through ongoing communication."

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