Mirae Asset Securities Decides to Maintain Shareholder Return Ratio of at Least 30% for 3 Years

[Asia Economy Reporter Song Hwajeong] Mirae Asset Securities is strengthening ESG (Environmental, Social, and Governance) management through a medium- to long-term shareholder return policy.

On the 26th, Mirae Asset Securities held a board meeting and announced that, as part of its medium- to long-term shareholder-friendly policy, it will maintain a minimum shareholder return ratio of 30% or more for three years starting from the 2021 fiscal year.

This increases the previously proposed shareholder return ratio of 25% by 5%, and the significance lies in maintaining a minimum shareholder return ratio of 30% or more for three years.

This decision was made as part of a shareholder return policy focused on enhancing shareholder value, aiming to strengthen ESG management by maintaining predictability and consistency in medium- to long-term shareholder returns and securing policy flexibility in response to market changes.

A Mirae Asset Securities official said, “This three-year minimum shareholder return ratio maintenance is a medium- to long-term shareholder return policy for the company’s sustainable growth,” adding, “We expect it will provide shareholders with stable income and increase the predictability of investments.”

Based on the 2020 fiscal year, Mirae Asset Securities implemented a shareholder return policy worth approximately KRW 280 billion, which corresponds to a shareholder return ratio of about 34.12%.

Since last year, Mirae Asset Securities has been managing its shareholder return policy by the shareholder return ratio, which includes share buybacks and cancellations, following global trends.

This content was produced with the assistance of AI translation services.