S-1 stock: S-1 launches KRW 450 billion buyback and raises target for S-1 stock to KRW 120,000

Published on 10/24/2026 at 04:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter 2026 revenue reached KRW 716.71 billion, up 2.60 percent year over year. S-1 stock has a KRW 3,200 dividend floor through 2028.

Shareholder returns and earnings

S-1 announced a KRW 450 billion tender offer on October 15, 2026.
Third-quarter 2026 revenue reached KRW 716.71 billion, while operating profit was KRW 65.39 billion.
Heungkuk Securities raised its S-1 target from KRW 95,000 to KRW 120,000 on October 16, 2026.

S-1, KR7012750006, Illustration mit AI erstellt.

S-1 Corporation (KR7012750006) announced a KRW 450 billion tender offer and treasury-share cancellation plan on October 15, 2026. The move was followed by a higher analyst target for S-1 stock, while third-quarter operating figures showed moderate growth.

Buyback changes capital returns

According to FN News, S-1 planned to acquire 4,545,454 shares at KRW 99,000 per share between October 15 and November 3, 2026. The company also planned to cancel 4,188,939 existing treasury shares, equal to 11.02 percent of issued shares.

The broader return plan includes a 50 to 60 percent dividend payout ratio for the next three years and a minimum dividend of KRW 3,200 per share. S-1 also set a return on equity target of 13 to 15 percent, linking future investments to returns above that range.

Three events reshape returns

On September 30, 2026, S-1 won a KRW 102.02 billion outsourcing contract from Samsung Electronics, as listed by MarketScreener. On October 15, 2026, the company announced the KRW 450 billion tender offer. On October 16, 2026, Heungkuk Securities raised its target for S-1 from KRW 95,000 to KRW 120,000.

What does the buyback change?

Edaily reported on October 16, 2026 that Heungkuk Securities maintained its Buy rating and estimated that the planned cancellations could raise earnings per share by 15 percent. The same report said cumulative shareholder returns could reach 134 percent over three years.

S-1's third-quarter 2026 consolidated revenue was KRW 716.71 billion, up 2.60 percent from the prior-year quarter, while operating profit rose 5.30 percent to KRW 65.39 billion, according to Edaily. The security division generated KRW 356.70 billion, up 3.50 percent, and infrastructure revenue reached KRW 356.20 billion, up 1.70 percent.

Upcoming dates for investors

Yahoo Finance listed October 30, 2026 as S-1's expected earnings announcement date. The tender offer is scheduled to run through November 3, 2026, according to FN News. These dates put the next earnings update alongside the final stage of the share purchase program.

Market value and business profile

S-1 operates in security and protection services, including physical security, information security and building management. Its market capitalization was KRW 3.2 trillion as of October 23, 2026, and its 52-week range was KRW 66,800.00 to KRW 103,000.00.