SK Telecom Approves Disposal of Treasury Shares for Director Bonuses

Sk Telecom ( (SKM) ) has issued an announcement.

On April 24, 2025, SK Telecom’s board of directors approved the disposal of 4,860 treasury shares to be used as bonus compensation for its independent non-executive directors. This decision reflects the company’s strategy to align director compensation with enterprise value, potentially enhancing governance and stakeholder confidence. The disposal will take place from April 25 to May 31, 2025, through over-the-counter transactions managed by Hana Securities Co., Ltd.

Spark’s Take on SKM Stock

According to Spark, TipRanks’ AI Analyst, SKM is a Outperform.

SK Telecom’s overall stock score is bolstered by robust financial performance and strong technical indicators, suggesting potential for growth. Valuation metrics depict an attractive investment opportunity with a high dividend yield. The positive earnings call underscores strategic growth in AI, although cautious dividend strategies reflect a conservative approach amidst market uncertainties.

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

More about Sk Telecom

SK Telecom Co., Ltd. is a major player in the telecommunications industry, primarily offering mobile and internet services. The company focuses on providing advanced communication solutions and has a significant presence in the South Korean market.

YTD Price Performance: 7.27%

Average Trading Volume: 338,883

Technical Sentiment Signal: Sell

Current Market Cap: $8.53B

See more insights into SKM stock on TipRanks’ Stock Analysis page.