Dong-A Socio Holdings, represented by Jaehoon Jung, announced on March 11th its shareholder return policy for the period spanning 2024 to 2026. This strategic decision underscores the company's steadfast dedication to shareholder-friendly management practices.

Over the three-year duration of the shareholder return plan, Dong-A Socio Holdings intends to allocate over 50% of its surplus cash flow towards shareholder returns. Surplus cash flow is defined as operating cash flow minus CAPEX, encompassing the acquisition of tangible and intangible assets as well as equity investments, including minority interests.

Detailing the plan, Dong-A Socio Holdings aims to disburse cash dividends exceeding $22.7 million annually, alongside a 3% stock dividend. Anticipating an increase in trading volume, the company believes the stock dividend will bolster shareholder value. After fulfilling dividend distributions, remaining funds will be earmarked for the repurchase and retirement of treasury stocks. Moreover, to ensure stable cash flow for shareholders, the company intends to maintain its existing interim dividend policy.

Previously, Dong-A Socio Holdings outlined its shareholder return policy for the three-year period commencing in 2021. During that period, the company pledged to distribute cash dividends surpassing $22.7 million, equivalent to at least 30% of the consolidated net profit (excluding extraordinary gains/losses). This policy also saw the introduction of interim dividends for the first time since the company's establishment, in addition to year-end dividends. In fiscal year 2023, dividends totaling over $22.7 million were disbursed.

A representative of Dong-A Socio Holdings remarked, "The company remains steadfast in its commitment to enhancing predictability for investors and augmenting shareholder value through a medium- to long-term shareholder return policy. We will persist in implementing an assertive shareholder return policy while concurrently bolstering our unique business competitiveness, striving to earn the trust of shareholders."