Sk Telecom (SKM) has released an update.
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SK Telecom Co., Ltd. has announced a shareholder return policy for the fiscal years 2024 to 2026, which includes a commitment to return at least 50% of the adjusted profit each year through cash dividends and/or stock buybacks and cancellations. The specifics of the execution plan for the shareholder returns may vary depending on market conditions and will require approval from the board and shareholders. The adjusted profit will be calculated excluding any one-off or non-recurring profits and losses.
For further insights into SKM stock, check out TipRanks’ Stock Analysis page.
