Shinhan Financial Group Chairman Jin Ok-dong is traveling to North America to hold investor relations (IR) meetings with overseas institutional investors.
Shinhan Financial Group (055550.KS) said Friday that Jin will meet with major global asset managers and pension fund investors in the United States, Mexico and Canada from Friday through the 22nd to explain the group's mid- to long-term corporate value enhancement strategy and shareholder return direction.
The IR tour is designed to present the key details of "Shinhan Value-up 2.0," unveiled last month, to overseas investors. During the trip, Jin plans to share with investors a shareholder return framework linked to return on equity (ROE) and growth rate, a capital policy with enhanced predictability and sustainability, and a revenue diversification strategy based on global operations.
Shinhan Financial Group previously announced its Value-up 2.0 plan, under which shareholder return ratios will be determined by combining ROE and growth rate. The core of the plan is to effectively remove the ceiling on shareholder returns by expanding the scale of returns in line with improvements in group earnings.
Heightened financial market volatility stemming from the prolonged U.S.-Iran war is also on the agenda. Jin plans to explain the stability of Korea's financial markets to overseas investors and share strategies for coping with external uncertainties. He also intends to visit local subsidiaries and branches across North America to review business conditions and regional growth strategies.
"Transparent and consistent communication with investors is an important foundation for enhancing corporate value," Jin said. "Shinhan Financial Group will faithfully explain to global investors a predictable and sustainable framework in which the group's growth and shareholder returns expand together, and will continue to pursue corporate value enhancement based on market trust."
