Korea Securities Depository, '2022 Lost Dividends Recovery' Campaign
[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 2nd that it will conduct the "2022 Lost Stocks and Dividends Recovery Campaign" along with the "Hidden Financial Assets Recovery Campaign across All Financial Sectors," jointly organized with related institutions, until the 20th to support investors in recovering their property rights.
As of the end of March, the dormant securities investment assets held by the Korea Securities Depository include approximately 1.67 million shares of lost stocks and about 39.7 billion KRW in dividends.
The Korea Securities Depository is conducting the campaign jointly with the Financial Services Commission and related institutions, continuously making efforts to recover dormant securities investment assets.
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Over the past four years (2018?2021), it has recovered 1.61 million shares of lost stocks and 13.98 billion KRW in dividends (an annual average of 400,000 shares and 3.5 billion KRW in dividends).
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