Hyundai GLOVIS announced on the 28th that it has been selected as an excellent corporation for value-up (enhancement of corporate value) by the Korea Exchange.
At the '2025 Value-Up Excellent Corporation Award Ceremony and Value-Up 1st Anniversary Seminar' held by the Korea Exchange on the 27th, Hyundai GLOVIS was evaluated positively for its efforts to enhance shareholder value, resulting in its selection as an excellent corporation for value-up and winning the Korea Exchange Chairman's Award.
The Korea Exchange established selection criteria for excellent corporations for value-up through in-depth discussions with external research contractors and corporate value-up advisory groups to ensure a fair and objective standard, selecting corporations after three evaluations.
Hyundai GLOVIS selected total shareholder return (TSR) as a key indicator for enhancing corporate value and ensures that management directly communicates with the market, informing them of major corporate activities.
In June of last year, Hyundai GLOVIS held its first-ever 'Chief Executive Officer (CEO) Investor Day' since its establishment, presenting long-term financial goals such as over 9 trillion won in large-scale investment, sales of 40 trillion won, operating profits of over 2.6 trillion to 3 trillion won, and a return on equity (ROE) of over 15%, thereby enhancing the predictability for shareholders.
Corporately, Hyundai GLOVIS aims to expand its capabilities based on automotive logistics through active facility and hub investments, aspiring to leap to an E2E (End to End) integrated logistics corporation and to increase the ratio of non-affiliated sales to over 40% by 2030.
Additionally, the company announced plans to expand its dividends, which is the most representative and proactive shareholder return policy, and is concentrating all corporate capacities to enhance shareholder value.
According to the new policy, the previous regulation of '5-50% increase in dividends per share (DPS) from the previous year' will be expanded to 'minimum 25% payout ratio and at least 5% increase in DPS from the previous year' over the next three years (2025-2027).
A board member, Choi Hyun-man, who was nominated by shareholders, is serving as the director responsible for protecting shareholder rights, working to expand the rights of shareholders and strengthen management transparency.
A representative from Hyundai GLOVIS noted, "All employees are working hard to ensure that a culture of respecting shareholder value can be established as part of corporate management culture," adding, "We will continue to actively communicate with the market whenever significant corporate management information arises to further enhance shareholder understanding of the corporation."
[OSEN]