2. Shareholder return volume: allocate up to KRW 600 billion for 5 years(FY2022~FY2026), targetting up to 50% of shareholder return ratio based on net income attributable to controlling interest by FY2026
3. Details
① Cash dividend
- Increase payout ratio gradually over the next five years(FY2022~FY2026)
* Payout ratio: Total dividend amount based on net income attributable to controlling interest by FY2026
* Payout ratio on FY2021: 24.3%
② Others
- Special dividend can be considered based on the achievement of annual performance target
- Share buyback can also be considered
Expected ad-hoc public disclosure date & time
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2. Details of information release
Information providers
Strategic planning team, FILA Holdings Corp.
Information recipients
Domestic/overseas analysts, investors, media and etc.
Date & time of information release
2022-02-24
Title and place of event held
Company website
3. Contact points (department/phone number)
02-1577-3472
4. Other matters to be factored into investment decisions
- The contents above is subject to change depending on the operational environment. The dividend payout ratio and relevant details for each business year will be confirmed through board resolution and general shareholders' meeting.
- From above '1. Details of information', the payout ratio on FY2021 is subject to change since the company is in the process of external audit.
- At this moment, the company does not consider options including special dividend and share buyback and cancellation of treasury stock. If there is any resolution to do so, the company will disclose it through a proper channel.
※ Related disclosure
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Disclaimer
Fila Holdings Corporation published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 00:11:02 UTC.
Fila Holdings Corp, formerly Fila Korea Ltd, is a Korea-based company engaged in the manufacture and distribution of sports casual clothing, shoes and others. The Company distributes its products including jackets, training wears, pants, round shirts, T-shirts, sweaters, swimming clothes, shoes, bags, hats, belts, wallets, socks, gloves, towels, scarves, ski products, as well as swimwear, among others, for men, women and kids. The Company provides its products under the brand names of fila, fila golf, fila intimo, fila kids, filativa and fila outdoor. The Company also involves in royalty business, as well as order production of football, baseball, badminton and other uniforms. The Company distributes its products through sales agents, department stores, outlet shops and discount stores.