'Record Highs Every Day' iM Financial Group: "Chairman Hwang Byungwoo Focused on Enhancing Shareholder Value"

iM Financial Group announced on June 2 that its stock price (as of the end of May) had reached a record high for three consecutive trading days. This represents a 36.6% increase compared to the end of the previous year, which is higher than the 21.1% rise in the KRX Bank Index, the industry average over the same period.

iM Financial Group explained that this trend was due to Chairman Hwang Byungwoo and other executives focusing on enhancing shareholder value. Since the beginning of the year, they have practiced responsible management and worked to improve corporate value, purchasing a total of approximately 60,000 shares of treasury stock in the first half of this year alone.

Last month, Chairman Hwang personally participated in investor relations activities. He visited major cities in the United States, including Boston, New York, and Chicago, to meet with existing shareholders and attract new investors. In particular, he shared the outlook for performance recovery, mid- to long-term growth strategies, and future directions for shareholder returns with global investors, thereby building a foundation of long-term trust.

Earlier this year, he also purchased 10,000 shares of treasury stock himself. He currently holds a total of 40,727 shares.

At the end of last year, iM Financial Group announced through a value-up disclosure that it would accelerate stock price improvement and enhance shareholder returns by purchasing and retiring approximately 150 billion won worth of treasury stock by 2027. As part of this value-up initiative, the company retired 20 billion won worth of treasury stock purchased in 2023 in February of this year, and additionally purchased 40 billion won worth, all of which is also planned to be retired within this year.

Chairman Hwang Byungwoo stated, "The entire group is working together to ensure that the value-up plan leads to increased shareholder value. As we are now fully establishing ourselves as a commercial bank this year, we will focus on the value-up program to further enhance the value of our group."