FILA Holdings Corp. (KRX: 081660) reaffirmed its commitment to delivering long-term shareholder value with the announcement of an enhanced shareholder return policy during its recent Investor Relations (IR) Day on March 21. The updated policy reflects the company’s strategic focus on strengthening shareholder returns while maintaining financial flexibility and sustainable growth. 

As part of the revised policy, FILA Holdings has set a target of up to 500 billion won for shareholder returns over the next three years (2025–2027), bringing the total cumulative shareholder return to up to 800 billion won from 2022 to 2027. This marks a 200 billion won increase from the previously stated target, reinforcing the company’s proactive approach to capital allocation and shareholder engagement. 

Since initiating its policy in 2022, the company has delivered three consecutive years of special dividends and other return initiatives. In 2024, total shareholder returns reached 170 billion won, equivalent to a shareholder payout ratio of 201.8%. Over three years, FILA Holdings has returned approximately 330.4 billion won to shareholders, surpassing 55% of its initial 600 billion won target within its five-year plan. FILA Holdings remains committed to shareholder returns through special dividends, share buybacks, and treasury stock retirements. 

The newly established shareholder return policy builds on this active shareholder return record and aims to enhance predictability for investors while maximizing shareholder value. To achieve this, FILA Holdings has extended its shareholder return policy period from 2026 to 2027, planning to allocate up to 500 billion won for shareholder returns from 2025 to 2027. The increase adds 200 billion won to the original target, bringing the total shareholder return amount from 2022 to 2027 to 800 billion won. 

Alongside the announcement of its updated shareholder return policy, FILA Holdings reported robust financial results for 2024, driven by the continued strength of its U.S. golf subsidiary, Acushnet Holdings Corp. (NYSE: GOLF), favorable currency exchange rates, and improved cost management. 

* Consolidated revenue reached 4.27 trillion won, a 6.5% year-on-year increase. 

* Operating profit rose to 360.8 billion won, up 18.9% from the previous year. 

The strong financial performance was primarily fueled by Acushnet’s revenue growth of 7.8% year-over-year, reaching 3.35 trillion won, supported by sustained demand in the U.S. golf market and the continued success of Titleist golf balls and clubs. The FILA division also posted a 2.2% revenue increase, totaling 917.3 billion won, benefiting from a diversified business model, including joint ventures and licensing agreements. 

Ho Yeon (Aaron) Lee, CFO of FILA Holdings Corp., commented, “With our enhanced shareholder return policy, we are reinforcing our long-term commitment to maximizing shareholder value. Strong cash flows from our core businesses, including Acushnet and our strategic joint ventures, allow us to execute disciplined capital allocation strategies that drive sustainable growth and profitability.” 

As FILA Holdings continues to strengthen its global presence, the company remains focused on delivering enhanced value to its shareholders through disciplined financial management and strategic business expansion.