{"id":2599,"date":"2024-02-01T19:32:26","date_gmt":"2024-02-01T10:32:26","guid":{"rendered":"https:\/\/www.smentertainment.com\/?page_id=2599"},"modified":"2024-09-23T18:45:13","modified_gmt":"2024-09-23T09:45:13","slug":"shareholders","status":"publish","type":"page","link":"https:\/\/www.smentertainment.com\/en\/ir\/shareholders\/","title":{"rendered":"SHAREHOLDERS"},"content":{"rendered":"\n
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Shareholder Structure<\/h2>\n\n\n\n
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\n
Name<\/th>Numbers of Shares<\/th>Stake<\/th><\/tr><\/thead>
Kakao<\/strong><\/td>4,946,821<\/strong><\/td>20.97<\/strong><\/td><\/tr>
Kakao Entertainment<\/td>4,554,220<\/td>19.31<\/td><\/tr>
HYBE<\/td>2,212,237<\/td>9.38<\/td><\/tr>
Treasury Stock<\/td>722,279<\/td>3.06<\/td><\/tr>
Others<\/td>11,153,965<\/td>47.28<\/td><\/tr><\/tbody>
Total<\/td>23,589,522<\/td>100<\/td><\/tr><\/tfoot><\/table>
* 2024.06.30<\/figcaption><\/figure>\n\n\n\n

(Unit: Shares, %)<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n

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Dividend Payments<\/h2>\n\n\n\n
\n
\n
Division<\/th>2019<\/th>2020<\/th>2021<\/th>2022<\/th>2023<\/th><\/tr><\/thead>
Par value per share (KRW)<\/td>500<\/td>500<\/td>500<\/td>500<\/td>500<\/td><\/tr>
Dividend per share (KRW)<\/td>–<\/td>–<\/td>200<\/td>1,200<\/td>1,200<\/td><\/tr>
Total payout<\/td>–<\/td>–<\/td>47<\/td>284<\/td>281<\/td><\/tr>
Net income (Consolidated)<\/td>(162)<\/td>(803)<\/td>1,332<\/td>820<\/td>826<\/td><\/tr>
Net income (Parent)<\/td>123<\/td>(300)<\/td>610<\/td>687<\/td>649<\/td><\/tr>
Payout ratio (Consolidated)<\/td>–<\/td>–<\/td>3.5%<\/td>34.6%<\/td>34.0%<\/td><\/tr>
Payout ratio (Parent)<\/td>–<\/td>–<\/td>7.7%<\/td>41.3%<\/td>43.3%<\/td><\/tr>
Dividend yield<\/td>–<\/td>–<\/td>0.3%<\/td>1.6%<\/td>1.3%<\/td><\/tr><\/tbody><\/table>
* Dividend yield is based on annual Business Report for the respective year.<\/figcaption><\/figure>\n\n\n\n

(Unit: KRW 100M)<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n

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Shareholder Return Policy<\/h2>\n\n\n\n
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2023 – 2025<\/h5>\n\n\n\n
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    \n
  1. SM Entertainment will carry out the following, maintaining net debt\/expected annual EBIT ratio of 0.5~1.0x (based on standalone financial statements)<\/li>\n\n\n\n
  2. Make investments established in the business plan in advance, reserving some cash in preparation for potential investment,<\/li>\n\n\n\n
  3. Secure financial resources for shareholder return to the extent that net debt does not exceed the target net debt,<\/li>\n\n\n\n
  4. And use this for shareholder return. <\/li>\n\n\n\n
  5. In addition, if the financial resources for shareholder return are lower than 30% of standalone net income, 30% of standalone net income will be returned to shareholders.<\/li>\n<\/ol>\n\n\n\n

    \u203b Announced on Feb 7th, 2024
    \u203b SM Entertainment plans to re-announce the shareholder return policy every three years or when needed.<\/p>\n<\/div>\n<\/div>\n\n\n\n

    \n
    2022 – 2024<\/h5>\n\n\n\n
    \n
      \n
    1. SM Entertainment has established a shareholder return policy to enhance shareholders’ value.<\/li>\n\n\n\n
    2. SM Entertainment will return at least 20% of standalone net income to shareholders for three years(FY2022-FY2024).<\/li>\n<\/ol>\n\n\n\n

      \u203b Announced on Jan 20th, 2023
      \u203b SM Entertainment plans to re-announce the shareholder return policy every three years.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"parent":1633,"menu_order":41,"comment_status":"closed","ping_status":"closed","template":"page-templates\/group-scroll.php","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/pages\/2599"}],"collection":[{"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/comments?post=2599"}],"version-history":[{"count":12,"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/pages\/2599\/revisions"}],"predecessor-version":[{"id":39514,"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/pages\/2599\/revisions\/39514"}],"up":[{"embeddable":true,"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/pages\/1633"}],"wp:attachment":[{"href":"https:\/\/www.smentertainment.com\/en\/wp-json\/wp\/v2\/media?parent=2599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}