DistantNews
Support us
Daishin Securities calls LG Uplus a rising star in shareholder returns

Daishin Securities calls LG Uplus a rising star in shareholder returns

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Daishin Securities described LG Uplus as a rising performer in shareholder returns and kept its Buy rating.
  • The brokerage maintained a target price of 20,000 won, compared with the previous close of 15,220 won.
  • LG Uplus’s policy includes dividends worth at least 40% of adjusted net income and share buybacks equivalent to 0% to 20%.

Daishin Securities has dubbed LG Uplus a “rising star” in shareholder returns, while maintaining its Buy recommendation and a target price of 20,000 won.

The brokerage issued its assessment on the second day of the month. LG Uplus closed the previous day at 15,220 won.

The company’s shareholder-return policy centers on dividends of at least 40% of separate adjusted net income, alongside share buybacks ranging from 0% to 20%.

A rising star in shareholder returns

— Daishin SecuritiesThe brokerage’s assessment of LG Uplus’s dividend and share-buyback policy.
About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.