POSCO (PKX) has released an update.
POSCO Holdings has unveiled a strategic vision focused on leadership in next-generation materials, particularly steel and EV battery materials, aiming to leverage group synergy and technological advancements while also committing to economically viable decarbonization and ESG management. The company is optimizing capital efficiency by divesting non-core and low-profit assets and reinvesting in core projects or returning proceeds to shareholders. Additionally, POSCO plans to cancel 6% of its treasury shares within three years to balance investment growth with shareholder returns.
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