Com2uS Announces Special Quarterly Dividend of 14.9 Billion KRW

Com2uS announced a special quarterly dividend plan worth approximately 14.9 billion KRW on the 21st for 2023.

This quarterly dividend is a special dividend conducted as part of the shareholder value enhancement policy announced last May. The dividend per share is 1,300 KRW, and the record date is June 30.

Com2uS has continuously conducted dividends and share buybacks over the past several years. Starting this year, it has established and announced a stable and predictable shareholder value enhancement policy that combines share buybacks, cancellations, and dividend policies for three years. It secures funds equivalent to 33% of the average operating cash flow (OCF) over the previous three years on a separate basis and uses these funds for shareholder dividends and share buybacks. Additionally, 50% of the repurchased shares will be canceled.

In particular, this year, reflecting successful investment results, a total of 60.5 billion KRW has been secured as funds. Following the share buybacks conducted earlier this year and the year-end dividend payments, an additional dividend of approximately 14.9 billion KRW will be distributed as announced in this disclosure. Furthermore, a share buyback worth 18 billion KRW is proceeding as planned, and within this year, 128,665 shares, equivalent to 1% of the total issued shares, will be canceled.

Com2uS has firmly established a shareholder return policy that increases corporate value through business performance and shares the results with all shareholders. By comprehensively considering various shareholder opinions, expert consultations, global market conditions, financial environment, and investment plans, the company intends to pursue a mid- to long-term shareholder value enhancement plan.