K Car : Decision on Cash Dividendsand Dividendsin Kind
August 03, 2022 at 09:07 pm EDT
Share
Decision on Cash Dividends and Dividends in Kind
1. Category of dividends
Quarterly dividends
2. Types of dividends
Cash dividends
- Details of dividends in kind
-
3. Dividends per share (KRW)
Common stock
190
Different classes of stocks
-
- Differential dividends
No
4. Market price-dividend ratio (%)
Common stock
0.9
Different classes of stocks
-
5. Total amount of dividends (KRW)
9,136,441,270
6. Dividend record date
2022-06-30
7. Scheduled dividend payout date
2022-08-23
8. Hosting shareholders' meeting?
No
9. Scheduled date of shareholders' meeting
-
10. Date of board resolution (decision date)
2022-08-04
- Attendance of outside directors
Present (No.)
3
Absent (No.)
0
- Attendance of auditors (members of Audit Committee who are not outside directors)
Present
11. Other matters to be factored into investment decisions
- The dividend ratio to market value in #4 is dividend per share divided by the average of the final stock prices formed in the stock exchange market during a week prior to 2days before the closing day of shareholder register.
- This dividend is funded by capital reserves converted into retained earnings. Dividends received from capital reserves are not subject to dividend income tax (Article 461-2 of the Korean Commercial Law and Article 26-3-6 of the Enforcement Decree of the Income Tax Act).
※ Related disclosure
2022-05-03 Decision on Closure of Shareholder's Registry(Including Record Date) for Dividends
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Disclaimer
K Car Co. Ltd. published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 01:06:08 UTC.
K Car Co Ltd is a Korea-based company principally engaged in the used cars wholesale business. The Company operates its business through two segments. The Used Car Business segment mainly operates the sale, purchase of used car and rental business return vehicles through online platform and stores. The Car Rental Business segment mainly operates long-term and short-term rentals of new and used cars through online platform and institutional biddings.