by Ryu Hyunseok
Published 25 Aug.2025 10:18(KST)
On August 25, IT infrastructure specialist Ringnet announced that it will conduct a 20% bonus issue, allocating 0.2 new common shares for every 1 existing share. The record date for the new share allocation is September 19, and the expected listing date is October 15.
As a result of this bonus issue, the total number of Ringnet's issued shares will increase from 19,070,134 to 22,291,144.
A company representative stated, "The proportion of treasury shares excluded from the bonus issue will decrease from 15.55% to 13.3% of total shares, which has the same effect as canceling 593,000 treasury shares," adding, "This is expected to have a positive impact on shareholders by effectively increasing the value of each share."
Ringnet plans to expand shareholder returns by raising its dividend payout ratio from 30% in 2024 to over 40% in 2025 through a dividend expansion policy. The company aims to fulfill its commitment to shareholders who seek long-term and sustainable growth.
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