Daishin Securities calls LG Uplus a rising star in shareholder returns
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- 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
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.