Global Sales and FCEV Strategy Update
Shareholder Return
Shareholder Return
Total Dividend (KRW tn)
Buyback & Cancellation (KRW tn)
Total Return Amount (KRW tn)
Payout Ratios
to FCF (%)
to Net Income (%)
70%
59%
55%
51% 51%
60%
1.52
1.39
1.41
36%
1.08
1.08
0.96
0.31
0.45
0.36
0.97
25%
35%
0.14
0.18
17%
20%
30%
0.53
17%
27%
1.08
1.08
1.08
11%
1.07
1,05
0.82
0.79
6%
0.53
2013 2014 2015
2016
2017
2018
2019
2020
2013
2014
2015
2016 2017 2018
2019
2020
Excluding Cancellation of treasury in Jul 2018 (2% of o/s shares)
2017
Announced Dividend Policy
.Disburse 30-50% of free cash flow
- Target peer level of payout ratio
Total Shareholder Return
1.1 trillion KRW (4,000won/share)
• Payout ratios: 27% of NI,
50% of non-finance FCF
2018
Buyback and Cancellation
·1% of o/s shares cancellation (Apr-Jul)
.1% of o/s shares buyback
(Nov 2018-Feb 2019)
Total Shareholder Return
1.1 trillion KRW (4,000won/share)
0.5 trillion KRW of share buyback
· Suspension of 2020 interim dividend in response to preemptively
secure liquidity to uncertainty caused by COVID-19
29
2019
Shares Buyback
.1% of o/s shares buyback
(Dec 2019-Mar 2020)
Total Shareholder Return
1.1 trillion KRW (4,000won/share)
0.4 trillion KRW of share buyback
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