Doosan Bobcat "Share shareholder return rate of 40% and sales of 16 trillion in 2030...Increasing enterprise value"

Doosan Bobcat has set a shareholder return rate of 40% to enhance corporate value and decided to start buying and burning 200 billion won worth of treasury stocks from this month.

He also set the annual dividend level of 1,600 won per share last year as the "minimum dividend" and added that he will pay dividends twice a year every quarter.

Doosan Bobcat has announced its plan to raise corporate value with such a focus.

Doosan Bobcat explained that the 40% shareholder return rate is above the average of domestic peers or manufacturing industries, and includes dividends and share buybacks.

He then set his 2030 revenue target at $12 billion, growing 12% annually, and stressed that he would push for true corporate value improvement through business growth while returning shareholders.

Doosan Bobcat previously promised in October to announce its shareholder return policy within this year.