Mirae Asset Securities said on the 26th that it held the "2026 first board meeting" and approved agenda items to buy back about 100 billion won of treasury shares and to grant stock options to core digital talent. It also decided to commit 110 billion won next month to Mirae Asset Partners and the SNM technology innovation special fund.
First, the planned buyback consists of about 60 billion won in common shares and about 40 billion won in second preferred shares (2U B). On-market purchases will be carried out within three months starting the day after the board resolution. Mirae Asset Securities plans to continue and steadily implement its shareholder-return policy through this treasury share acquisition. It also plans to carry out phased cancellations in line with future policy.
Mirae Asset Securities emphasized that while its current price-to-book ratio (PBR) is about 1.6 times—making dividends generally more effective than cancellations—it decided to buy common shares to implement its mid- to long-term shareholder-return policy of canceling 15 million common shares and more than 1 million second preferred shares each year from 2024 to 2026.
At the same time, by using 2U B, which allows the acquisition and cancellation of more shares for the same amount, it also secured the effect of reducing the number of shares outstanding. This is expected to increase dividends per share and accelerate the rise in book value per share (BPS), helping enhance shareholder value.
On the same day, the board also approved an agenda item to grant stock options to 16 employees with expertise in key digital fields such as artificial intelligence (AI), blockchain, and Web 3.0. The exercise price is 29,450 won per share, for a total of 1.1 million shares.
In addition, to improve returns on proprietary capital next month, it decided to commit 100 billion won to Mirae Asset Partners. The investment will proceed on a capital call basis, with funds drawn as needed.
It will commit 10 billion won to the SNM technology innovation special fund. This commitment involves contributing trust assets to an investment association jointly formed by Mirae Asset Venture Investment and Shinhan Venture Investment.
A Mirae Asset Securities official said, "We aim to improve our clients' returns by investing in unlisted companies at home and abroad with global innovative technologies."