Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

POSCO Holdings Reaffirms 2024 Value-Up Plan and High-Dividend Policy at March 24 Meeting

Tipranks - Thu Mar 26, 8:43AM CDT

Claim 30% Off TipRanks Premium

POSCO ( (PKX) ) has provided an update.

POSCO Holdings Inc. on March 24, 2026, confirmed its previously announced 2024 Corporate Value-up Plan, targeting compound annual revenue growth of 6–8% and a return on invested capital of 6–9% through 2027, driven by expansion in steel growth markets, strengthening of secondary battery materials, and portfolio rebalancing around core and new businesses. The plan also emphasizes restructuring underperforming assets, governance enhancements with a more board-led CEO and director appointment process, and an ESG risk system at the holding-company level.

The group is committing to a robust shareholder-return framework, including canceling 6% of its shares over 2024–2026, immediate cancellation of newly repurchased shares and using 50–60% of annual free cash flow to sustain a base dividend of KRW 10,000 per share, with additional returns from remaining cash. POSCO Holdings reaffirmed its status as a high-dividend company under Korean tax law, noting that 2024 and 2025 per-share dividends are unchanged at KRW 10,000, while total 2025 dividends are slightly lower due to share cancellations, signaling continued capital returns alongside its strategic growth and governance initiatives.

The most recent analyst rating on (PKX) stock is a Hold with a $60.00 price target. To see the full list of analyst forecasts on POSCO stock, see the PKX Stock Forecast page.

Spark’s Take on PKX Stock

According to Spark, TipRanks’ AI Analyst, PKX is a Neutral.

The score is held back primarily by weakening fundamentals—contracting revenue, compressed margins/returns, and sustained negative free cash flow—despite a relatively steady balance sheet. Technicals are a key offset with a strong uptrend and positive momentum, but valuation remains challenging with a high P/E even after considering the ~2.5% dividend yield.

To see Spark’s full report on PKX stock, click here.

More about POSCO

POSCO Holdings Inc. is a South Korea-based steel and materials group with core operations in steelmaking, secondary battery materials and infrastructure-related and new materials businesses. The company focuses on expanding its global steel footprint, securing battery-related resources and technologies, and supporting group growth through infrastructure and future-oriented materials ventures.

Average Trading Volume: 208,808

Technical Sentiment Signal: Buy

Current Market Cap: $16.44B

See more data about PKX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.