[Featured Stock] 'Value-Up Model Student' Meritz Holdings, Record High Rally

by Oh Yukyo

Published 16 Jan.2025 10:49(KST)

Record Highs Broken Again and Again
A Different Path Amidst Widespread Spin-Offs in the Domestic Stock Market
Subsidiaries Delisted After Integration... Stock Price Quadrupled in Three Years

'Value-up model student' Meritz Financial Group continues its record high rally.

[Featured Stock] 'Value-Up Model Student' Meritz Holdings, Record High Rally 원본보기 아이콘

As of 10:40 AM on the 16th, Meritz Financial Group was trading at 117,000 KRW, up 2.41% (2,600 KRW). After breaking its all-time high for the first time in about three months on the 13th, Meritz Financial Group took a day off and then consecutively set new all-time highs on the 15th and 16th.


Meritz Financial Group is regarded as a 'value-up model student.' In the domestic stock market, where 'spin-offs' are rampant, Meritz Financial Group is a company that fully acquired its subsidiaries and delisted them. These subsidiaries are Meritz Securities and Meritz Fire & Marine Insurance. Since merging and delisting the two subsidiaries in 2022, Meritz Financial Group's stock price has risen more than fourfold. Additionally, it has been steadily conducting large-scale treasury stock cancellations.


The stock valuation of Chairman Cho Jung-ho of Meritz Financial Group is also soaring day by day. Chairman Cho holds 98,348,691 shares of Meritz Financial Group. According to financial information provider FnGuide, as of the 15th, he ranks second in individual shareholders with a share valuation of 10.5664 trillion KRW, following Samsung Electronics Chairman Lee Jae-yong (12.0842 trillion KRW). In Korea, Chairman Cho is the second wealthiest stockholder after Chairman Lee.

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