[Featured Stock] JB Financial Group Hits Record High on Expectations of Inclusion in 'Value-Up Index'

High Possibility of Adding Telecommunications and Financial Sectors Through Rebalancing
JB Financial Group Actively Pursues Shareholder Return Plan

JB Financial Group has reached a 52-week high. This appears to reflect expectations of inclusion in the 'Korea Value-Up Index,' which will be rebalanced (stock changes) next month.

As of 1:40 PM on the 27th, JB Financial Group is trading at 19,180 KRW, up 4.35% (800 KRW) from the previous trading day. It has surpassed the one-year high of 19,070 KRW recorded on the 20th.

The Value-Up Index rebalancing is scheduled for the 20th of next month and will involve adding special inclusion stocks. The telecommunications and financial sectors are attracting attention as the new sectors to be included. Since the establishment of the 'Korea Value-Up Index' last September, these two sectors have actively disclosed shareholder return plans.

Following the index announcement, JB Financial Group also made a Value-Up disclosure. It plans to raise the shareholder return ratio to 45% by 2026 and expand it to over 50% in the long term. The company also presented plans to increase the proportion of treasury stock buybacks and cancellations to 40%. It aims to restructure its asset portfolio focusing on core businesses and target niche markets such as foreign loans to raise its return on equity (ROE) to over 15%. This level is 5 percentage points higher than Shinhan Financial Group (10%) and Woori Financial Group (10%).