Shareholder Return Ratio: What a 33% Payout Actually Yields
The shareholder return ratio is measured against net profit; the yield you actually collect is measured against market cap. PER is the only link between them — and it turns 33% into 0.7%.
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#자사주 소각 2 posts
Stock Buyback vs Cancellation: How Share Count and EPS Actually Change
A buyback alone does not permanently shrink a company's share count. Using a case of 10 billion won in net income and 10 million shares, this piece calculates how buybacks and cancellations differ in shares outstanding, EPS, and voting rights.