DL E&C publishes corporate governance report, maintains 3-year shareholder return policy (25% of consolidated net profit) and 67% independent board, complying with most key governance indicators
Governance compliance: Most of 15 key indicators met, including 4-week advance notice of AGM, electronic voting, and dividend predictability, ensuring shareholder rights
Shareholder return policy: 25% of consolidated net profit for 2024-2026 (10% cash dividend + 15% share buyback). 2025 dividend: 890 won per share (1.8% yield), share buyback of 34.4B won planned in 2026
Board composition: 6 directors including 4 independents (67%), audit and ESG committees fully independent, cumulative voting exclusion clause removed (effective after Sep 2026)
Internal control and audit: Audit committee fully independent with accounting/finance expert, quarterly meetings with external auditors without management, effective internal accounting controls
[AI Summary]This routine governance report shows DL E&C maintains strong governance practices and consistent shareholder return policy, supporting investor confidence but lacking material events to significantly impact stock price