“Doing Our Best to Enhance Shareholder Value Again This Year”
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| Exterior view of Celltrion’s second plant [Provided by Celltrion] |
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, ‘[Herald Economy=Choi Eunji] Celltrion announced on the 19th that it has decided to repurchase its own shares for the first time this year, amounting to 100 billion KRW.’,
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, ‘Celltrion is continuously pursuing share repurchases to ensure its corporate value is properly evaluated in the market and to protect shareholder interests.’,
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, ‘This decision is particularly significant as it reflects a commitment to active shareholder return policies from the beginning of the year, marking the first share repurchase decision this year.’,
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, ‘The shares to be repurchased amount to a total of 554,632 shares, with the acquisition amount totaling approximately 100 billion KRW. The share acquisition will proceed through market buying starting on the 20th.’,
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, ‘Last year, the Celltrion Group completed the repurchase of approximately 2,947,78 shares, totaling 534.6 billion KRW. This has been part of a continuous shareholder-friendly policy, and including this purchase, the scale of share repurchases in recent years is expected to increase further.’,
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, ‘Additionally, Celltrion plans to distribute a simultaneous cash-stock dividend, which was resolved at the board meeting last December, pending approval at the regular shareholders’ meeting in March.’,
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, ‘The cash dividend per common share is 750 KRW, totaling approximately 153.7 billion KRW, while the stock dividend is 0.05 shares per common share, totaling approximately 10.25 million shares. This stock dividend is being implemented for the first time in two years, and the scale of this dividend is expected to be the largest ever.’,
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, ‘A Celltrion representative stated, “The company prioritizes growth and the enhancement of shareholder value, and we plan to continue policies to enhance shareholder value until the market stabilizes, as promised to our shareholders. We will strive to expand the global market share of existing products, release new products, and enhance corporate value, aiming for continuous growth together with our shareholders,” they added.’,
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, ‘Last year, Celltrion completed the retirement of 3,011,910 treasury shares (approximately 553.3 billion KRW) resolved at the board meeting at the end of last year, on the 6th of last month.’,
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