POSCO HOLDINGS (NYSE: PKX) targets 35–40% shareholder returns for 2026–2028

Rhea-AI Filing Summary

POSCO HOLDINGS INC. outlined a new shareholder return policy for 2026–2028 that links dividends and share buybacks directly to earnings. The company aims for a 35–40% shareholder return ratio, combining cash dividends with buybacks and cancellation of treasury shares, funded by adjusted net income attributable to controlling interests.

Adjusted net income will exclude non-operating and one-off valuation gains or losses, so payouts track underlying performance. The plan is based on annual results and is intended to enhance POSCO’s position as a high-dividend company and improve dividend visibility. Final execution each year will depend on business conditions and require approval from the board or the ordinary general meeting of shareholders.

Insights

Equity income & capital allocation analyst

POSCO ties 2026–2028 shareholder returns to earnings with a 35–40% target.

POSCO HOLDINGS INC. introduced an earnings-linked shareholder return policy for 2026–2028. The plan targets a 35–40% shareholder return ratio through dividends plus buybacks and cancellation of treasury shares, funded by adjusted net income attributable to controlling interests.

By excluding non-operating and one-off valuation gains or losses from this adjusted net income, the framework focuses on recurring performance. The target ratio is set on an annual basis, so returns should move with year-to-year profitability rather than one-time items.

The company notes that execution details may change with business conditions and market factors, and each year’s actions still require approval by the board of directors or the ordinary general meeting of shareholders. The policy was presented via an IR event during the 1Q 2026 earnings conference call.

Key Figures

Target shareholder return ratio: 35–40% Policy period: 2026–2028 Information release time: 3:00 pm KST +1 more

4 metrics

Target shareholder return ratio 35–40% Annual ratio for 2026–2028 via dividends and buybacks

Policy period 2026–2028 Years covered by the shareholder return policy

Information release time 3:00 pm KST April 30, 2026 disclosure of policy at 1Q 2026 earnings call

IR contact number 02-3457-5112 Investor relations contact for more information

Key Terms

shareholder return policy, shareholder return ratio, adjusted Net Income Attributable to Controlling Interests, treasury shares, +2 more

6 terms

shareholder return policy financial

"Shareholder Return policy for 2026~2028"

shareholder return ratio financial

"Aim to administer 35 - 40% shareholder return ratio"

adjusted Net Income Attributable to Controlling Interests financial

"funded by adjusted Net Income Attributable to Controlling Interests"

treasury shares financial

"buyback and cancellation of treasury shares"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

Ordinary General Meeting of Shareholders regulatory

"determined by the approval of Board of Directors or the Ordinary General Meeting of Shareholders"

An ordinary general meeting of shareholders is a company’s regular annual meeting where owners vote on routine but important matters such as electing the board, approving financial statements, appointing auditors and deciding dividend policy. Think of it like an annual homeowners’ meeting where basic rules, budget items and leadership are confirmed; its results directly affect corporate oversight, financial reporting and distributions, so investors monitor it for governance and payout signals.

ad-hoc public disclosure regulatory

"Matters Related to Ad Hoc Public Disclosure Obligation (Fair Disclosure)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

Accepted by SEC EDGAR 04/30/2026 - 01:49 PM Learn about SEC filing dates

FAQ

What is POSCO HOLDINGS INC. (PKX) new shareholder return policy for 2026–2028?

POSCO plans an earnings-linked shareholder return policy for 2026–2028, targeting a 35–40% shareholder return ratio. This ratio combines cash dividends and share buybacks with cancellation of treasury shares, funded by adjusted net income attributable to controlling interests, and set based on annual performance.

How will POSCO (PKX) calculate the basis for its 35–40% shareholder return ratio?

The target ratio is funded by adjusted net income attributable to controlling interests, excluding non-operating and one-off valuation gains or losses. This approach focuses the calculation on underlying, recurring earnings so that dividends and buybacks reflect POSCO’s core performance over each year in 2026–2028.

What methods will POSCO (PKX) use to return 35–40% to shareholders?

POSCO intends to reach the 35–40% shareholder return ratio using a mix of cash dividends and share buybacks with cancellation of treasury shares. The exact split between dividends and repurchases will form part of the execution plan, determined annually under prevailing business and market conditions.

Are POSCO’s 2026–2028 shareholder returns guaranteed at 35–40% each year?

The company describes 35–40% as a target shareholder return ratio, not a guaranteed minimum. It states that the execution plan may change depending on business environment and market conditions, and that final decisions require approval by the board of directors or the ordinary general meeting of shareholders.

When and where did POSCO (PKX) present the 2026–2028 shareholder return policy?

POSCO released the shareholder return policy during its 1Q 2026 earnings conference call. The information release was scheduled for April 30, 2026 at 3:00 pm (15:00) KST, with the company’s IR team providing details to institutional investors, analysts, the press, and other stakeholders.

Who can investors contact for more details on POSCO (PKX) shareholder return policy?

The filing lists POSCO’s IR team as the information provider, with a contact phone number of 02-3457-5112. It also directs interested parties to visit the company’s website at http://www.posco-inc.com for further information about the shareholder return policy and related investor materials.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026

Commission File Number: 1-13368

POSCO HOLDINGS INC.

(Translation of registrant’s name into English)

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, 06194

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

Matters Related to Ad Hoc Public Disclosure Obligation (Fair Disclosure)

1. Details of information		Disclosure title		Shareholder Return policy for 2026~2028
		Summary of ad-hoc public disclosure		o Purpose : By transitioning the shareholder return policy to an earnings-based performance-linked regime, high dividend company position is enhanced and dividend visibility is improved for shareholders. o Implementation Standard: Aim to administer 35 - 40% shareholder return ratio (dividend + buyback and cancellation of treasury shares), funded by adjusted Net Income Attributable to Controlling Interests. - Adjusted Net Income Attributable to Controlling Interests : Net income attributable to controlling interests, excluding non-operating and one-off valuation gains or losses. - Target shareholder return rate is based on annual performance
		Expected ad-hoc public disclosure date & time		April 30, 2026
2. Details of information release		Information providers		IR team
		Information recipients		Institutional investors, Analysts, Press and etc.
		Date & time of information release		April 30, 2026 at 3:00 pm (15:00) KST
		Title and place of event held		1Q 2026 Earnings Conference Call
3. Contact points (department/phone number)				02-3457-5112
4. Other matters to be factored into investment decisions
- The details of the execution plan are subject to change depending on business environment and market conditions, and will be finally determined by the approval of Board of Directors or the Ordinary General Meeting of Shareholders. - Please visit our website(http://www.posco-inc.com) for more information.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

						POSCO HOLDINGS INC.
						(Registrant)
Date: April 30, 2026				By		/s/ Han, Young Ah
						(Signature)
						Name: Han, Young-Ah
						Title: Executive Vice President