Sk Telecom (SKM) has released an update.

SK Telecom has unveiled its Corporate Value-Up Plan focusing on enhancing capital efficiency and boosting shareholder returns. The company aims for a return-on-equity of at least 10% by 2026 and plans to distribute at least 50% of adjusted consolidated profits to shareholders from 2024 to 2026. Additionally, SK Telecom is targeting significant growth in AI-related businesses, aiming for KRW 30 trillion in revenue by 2030.

For further insights into SKM stock, check out TipRanks’ Stock Analysis page.