Mirae Asset Securities Buys Back Shares Again After 3 Months

10 Million Common Shares, 500,000 Class 2 Preferred Shares
Commitment to Active Shareholder Return Policy Fulfilled

Mirae Asset Securities announced on the 25th that it will repurchase its own shares to enhance shareholder value. This follows the completion of the purchase of 10 million common shares over three months starting from October last year, continuing its shareholder return policy immediately.

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The shares planned to be acquired this time are 10 million common shares and 500,000 Class 2 preferred shares, which correspond to approximately 2.2% and 0.4% of the outstanding shares, respectively. Mirae Asset Securities plans to complete the purchase on the stock market within three months from March 26 to April 25.

This decision is interpreted as focusing on enhancing shareholder value by meeting shareholders' expectations and increasing stock value through shareholder-friendly policies, as stated in the CEO's New Year's address.

A representative of Mirae Asset Securities said, "This reflects the group's commitment to doing its best to protect shareholder rights," adding, "Mirae Asset Securities is currently reviewing a more proactive and continuous shareholder return policy to be applied over the next three years starting in 2024, and will continue to do its best to grow together with shareholders."

As part of its shareholder return policy, Mirae Asset Securities plans to resolve the cancellation of treasury shares and dividend proposals at the board meeting on the 22nd of next month, and the specific details will be disclosed as soon as they are finalized by the board.

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