Daishin Securities will retire 15.35 million treasury shares. Based on the current share price, that amounts to 560 billion won. In addition, it will pay tax-exempt dividends to return profits to shareholders.
On the 12th, Daishin Securities announced this policy through a disclosure titled "2026 corporate value enhancement plan and implementation status."
Daishin Securities will retire a total of 15.35 million treasury shares this time. Of the 12.32 million common shares it already held, 9.32 million will be retired, along with a combined 6.03 million of the first and second preferred shares. The treasury shares will be retired in phases over six quarters.
The remaining 3 million treasury shares will be used for human capital investment. Of those, 1.5 million will be used as a pool for employee performance bonuses through 2029, and the other 1.5 million will be allocated to the employee stock ownership plan (ESOP) through 2030.
Along with the retirement of treasury shares, tax-exempt dividends will also be implemented. Starting in March this year, they will be carried out for about four years with a cap of 400 billion won.
Jung Min-uk, head of corporate planning, said, "With the retirement of treasury shares added to our existing strong dividends policy, we now have a foundation to pursue a more robust shareholder return policy," adding, "We will create a virtuous cycle in which profit growth from capital expansion leads to shareholder returns, thereby enhancing mid- to long-term corporate value."