SK Telecom : Dividend Policy of SK Telecom Co., Ltd. (the "Company") (Fair Disclosure) (Form 6-K)
August 11, 2021 at 02:46 pm EDT
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Dividend Policy of SK Telecom Co., Ltd. (the 'Company') (Fair Disclosure)
1. Information
Title
Dividend Policy
Details
Dividend Policy for FY2021 - FY2023
• Total dividend amount for each year is expected to be determined within the range of 30 - 40% of the Company's EBITDA, net of capital expenditures (based on earnings of the surviving company after the Company's contemplated spin-off on a separate basis).
• Quarterly dividends are expected to be implemented beginning in the second quarter of 2021.
Expected Time of Disclosure
-
2. Provision of Information
Provider
SK Telecom Co., Ltd.
Target Audience
Domestic and overseas investors, analysts, press, etc.
Expected Time and Date of Provision
August 11, 2021, 16:30 (Korea time)
Name of Event (Location)
2021 2Q Earnings Conference Call
3. Point of Contact (Department/Telephone Number)
IR Planning (+82-2-6100-2114)
4. Other Matters Relating to Investment Decision
- The amount of dividend per fiscal year is subject to change due to the business environment and market conditions and will be finally determined by approvals by the board of directors and the general meeting of shareholders.
- This disclosure relates to the dividend policy of SK Telecom Co., Ltd. as the surviving company after the contemplated spin-off. The dividend policy of the new company to be spun off will be determined pursuant to discussions of such company's board of directors after its establishment.
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Disclaimer
SK Telecom Co. Ltd. published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 18:45:02 UTC.
SK Telecom Co Ltd is a Korea-based company primarily engaged in the provision of wireless communication services. The Company operates the business through five segments. The Wireless Communication Business segment provides mobile phones, wireless data, information communication business. The Wireline Communication Business segment offers telephones, high speed Internet, data and network rental services. The Security segment provides services such as personnel and machine security, and information protection. The Commerce segment is engaged in e-commerce business. The Other segment is involved in the businesses such as information communication, electronic banking, advertising, Internet portal services.