Shinsegae announced on the 12th that it has established a plan to enhance corporate value together with the board of directors and will announce it in the fourth quarter of this year.
On the same day, Shinsegae International and Gwangju Shinsegae also disclosed the same information.
It is the first time in three years that Shinsegae affiliates have announced a plan to enhance corporate value.
Previously, during the fourth quarter earnings announcement in 2021, Shinsegae stated that it set the duration of its shareholder return policy to three years to increase predictability for shareholders.
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