Kim Mi-seop, vice chairman of Mirae Asset Securities, and Jeon Gyeong-nam, president, purchased 66,846 shares of their own company amounting to 440 million won.

Vice Chairman Kim Mi-seob of Mirae Asset Securities (left) and President Jeon Kyung-nam. / Courtesy of Mirae Asset Securities

According to the Financial Supervisory Service electronic disclosure system on the 24th, Vice Chairman Kim Mi-seop bought 20,000 shares each of common and preferred stocks (2nd preferred B) of Mirae Asset Securities on the 17th and 18th, respectively. The total acquisition amount is approximately 280 million won. President Jeon Gyeong-nam acquired 6,846 shares of common stock and 20,000 shares of preferred stock (2nd preferred B), totaling about 150 million won.

The management of Mirae Asset Securities has been continuing its share buybacks to demonstrate its intention to boost stock prices and promote long-term growth. Last year, Vice Chairman Heo Seon-ho purchased 20,000 shares of his own company worth 140 million won.

A representative of Mirae Asset Securities noted, "Earlier this year, we announced a 'customer protection declaration,' expressing our commitment to customer-centric management," and added, "We will do our best to achieve sustainable customer growth through consistent and long-term responsible management and shareholder return policies."