[Edaily Reporter Han Kwangbeom ] KTis ( ktis Corporation(058860)) announced on the 27th that it has unveiled a medium-term shareholder return policy to be implemented over the three fiscal years from FY2026 to FY2028 and will proceed with the cancellation of treasury stock.
ktis Corporation previously disclosed that it held a board of directors meeting on the 23rd and decided to set the shareholder return allocation at 40% of adjusted net income. This represents a 10 percentage point increase compared to the 30% of adjusted net income that had been the customary level in previous business reports.
Although the company had not previously specified a clear dividend policy, it has now officially established its first mid-term shareholder return policy, thereby increasing predictability for investors. The return structure prioritizes cash dividends, followed by the repurchase and cancellation of treasury stock using any remaining funds.
The minimum dividend per share has been set at 140 won. ktis Corporation’s dividend per share has risen steadily, from 80 won in 2016–2018 to 90 won in 2019, 100 won in 2021, 120 won in 2022, and 140 won in 2025. The total dividend payout for 2025 is 4.3 billion won.
The payment schedule will also change. Starting in 2027, the company plans to introduce quarterly dividends, paying dividends twice a year alongside year-end dividends. ktis Corporation has paid year-end dividends for 21 consecutive fiscal years, from the 5th to the 25th fiscal year, and its average dividend yield over the past three and five years stands at around 4.4%.
The company will also cancel its treasury shares. Of the total 4,229,048 treasury shares held (12.15% of the total issued shares), 3,397,048 shares—representing 80.4%—will be canceled on October 30. This represents 9.76% of the total number of issued shares (34,802,000 shares), and the scheduled cancellation amount, based on book value, is approximately 9.92803 billion won. This cancellation will be carried out pursuant to a board resolution under Article 343 of the Commercial Act; while the total number of issued shares will decrease, there will be no reduction in capital.
The company plans to calculate and implement shareholder returns every February from 2027 to 2029; specific details will be finalized through the Board of Directors and the General Shareholders’ Meeting, depending on future changes in the business environment.
Yoon Young-kyun, CFO (Senior Vice President) of ktis Corporation, stated, “We will continue to steadily strengthen the growth potential and profitability of our business through AX, and based on this, we will make continuous efforts to enhance corporate value.”