BC World Pharmaceutical announced on the 12th that it decided on cash dividends and stock dividends.
Accordingly, 100 won will be paid in cash per share, and there will be a 0.1 share dividend for each common share. The market dividend rate is 2.5%. In particular, the largest shareholder, CEO Hong Seong-han, decided on a cash dividend of zero for the third consecutive year. The company stated that this reflects its commitment to responsible management aimed at enhancing shareholder value.
It is the first stock dividend in five years. The total number of dividend shares is 843,856 shares, calculated excluding 453,819 treasury shares from the total shares issued, which is 8,892,384.
A BC World Pharmaceutical official said, "The decision on this dividend aims to return the company's achievements, such as drug delivery system (DDS) technology, orally disintegrating tablets, long-acting injectables, and overseas technology introduction strategies, to shareholders," and added, "We will maintain a firm commitment to responsible management to enhance shareholder value."