[Disclosure] SK square (402340) Subsidiary SK Hynix Locks Feb 28 as Dividend Record Date: Entering Final Phase for Shareholder Payout Eligibility

Source Fact: Financial Supervisory Service Electronic Disclosure System (DART) / 2025-01-23

Disclosure Type: Decision on Closure of Shareholders’ Registry (Record Date) for Cash/Stock Dividend (Major Management Matters of Subsidiary)

💡 3-Second Summary

SK square’s flagship subsidiary, SK Hynix, has officially designated February 28, 2025, as the dividend record date to determine eligibility for its 2024 year-end cash distribution. There will be no registry closure period; anyone holding the shares as of February 28 will legally secure the right to receive the dividend payout.

📊 1. [Key Disclosure Content & Major Figure Summary]

• Subject Subsidiary: SK Hynix Inc.
• Dividend Category: FY2024 Year-End Dividend
• Dividend Record Date: 2025-02-28
• Book Closure Period: None (Eligible shareholders will be determined solely based on the registry log as of the record date, without suspending book transfers).
• Board Resolution Date: 2025-01-22 (Unanimously approved with all 6 outside directors present).
• Regulatory Context: Implemented in accordance with Article 52 (Profit Dividend) of the corporate articles of incorporation, aligning with South Korea’s updated corporate value-up guidelines which mandate “confirming dividend amounts prior to setting the final record date.”

📈 2. [Expert View: Analysis of Impact on Share Price]

• Procedural Filing Tracking Institutional Payout Timelines: While this record date resolution is an administrative compliance procedure that does not alter real-economy fundamentals, it yields strong forward visibility. Combined with the concurrent announcement of the 900 billion KRW dividend pool (1,305 KRW per share), it sets a clear behavioral timeline for institutional dividend-capture funds. Pushing the record date to late February—rather than blind matching with the December fiscal close—allows international assets to properly factor the dividend yield into their allocation models.
• Quantifying the Holding Level Inflow Vector: Locking the SK Hynix record date to February 28 streamlines the downstream cash flows heading to the parent entity, SK square. The anticipated holding-level dividend dividend inflow (estimated at ~180 billion KRW) now has a definitive operational schedule. This high-visibility liquidity directly guarantees the capital flexibility required for SK square to maintain its aggressive 2025 share buyback and cancellation waves, acting as a structural price floor for the holding stock.

📝 Editor’s Comment (by K-STOCK Editor)

This record date disclosure demonstrates the seamless implementation of Korea’s revamped dividend transparency initiatives within the SK ecosystem, eradicating the historic “blind-date dividend” discount. Global investors can now commit capital to SK Hynix with exact knowledge of the 1,305 KRW payout density leading into February 28. For SK square stakeholders, this establishes the definitive countdown for the capital migration from subsidiary to parent. This cash injection will serve as the premier fuel for the holding firm’s highly anticipated secondary market share cancellations over the financial year.

📢 Disclaimer & Source Information

Source: This content has been newly structured and written based on official data submitted to the Financial Supervisory Service’s Electronic Disclosure System (DART). Investment Risk Notice: This content is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor. Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.