Meritz Financial Group announced on the 20th that it has entered into a trust contract for the repurchase of its own shares with Korea Investment & Securities for 700 billion won to enhance shareholder value. The contract period is from today until March 31, 2026.
The company noted, "Through this contract, it will implement a shareholder return policy worth a total of 1.25 trillion won and plans to conclude the shareholder return policy for the 2025 fiscal year through dividends in the future."
Earlier, Meritz Financial Group disclosed a trust contract for the repurchase of its own shares worth 550 billion won on March 26. Through this, it has completed the purchase of its own shares worth 551.4 billion won. The company plans to burn all of the repurchased shares on the 29th.