Woongjin Thinkbig conducts stock buybacks and increases dividends to enhance shareholder value

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Kumho ThinkBig is accelerating efforts to enhance shareholder value and strengthen its financial strategy. On March 11, Kumho ThinkBig’s board of directors decided to cancel 25% of its treasury stock, totaling 1.85 million shares, and will distribute cash dividends of 85 won per share.

This decision by Kumho ThinkBig aims to maintain the company’s financial stability while giving back to shareholders. The company is focusing on stock cancellation and ensuring stable dividend sources based on its strong cash generation ability to increase shareholder value.

Additionally, Kumho ThinkBig plans to propose at the upcoming shareholders’ meeting on the 26th to transfer 100 billion won of capital reserve into retained earnings. This move is expected to serve as a foundation for expanding distributable profits and establishing a long-term shareholder return policy. To align stock prices with company value and improve stock stability, the company is also considering a 2-for-1 stock split.

The company also plans to restructure its business into a profit center model. Specifically, it will focus on its AI transformation research institute, aiming to enhance operational efficiency and improve personalized learning services to strengthen its inherent competitiveness.

These initiatives by Kumho ThinkBig are expected to generate positive market reactions. In the medium to long term, they are anticipated to make the company’s financial structure more robust.

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