MIRAE ASSET SECURITIES CO.,LTD. 2027-2029 shareholder return policy: at least 35% of adjusted net profit over 3 years
MAI summary · Not investment advice
Mirae Asset Securities announced on November 12 that over 2027-2029 it will return at least 35% of adjusted net profit to shareholders through dividends and cancelling its own shares.
Key facts
- Title
- 2027-2029 Shareholder Return Policy
- Details
- Maintain shareholder returns at 35% or more of adjusted net income over the next 3 yearsConsists of dividends, treasury share cancellation, etc.; determined by board resolution
- Details
- Adjusted net income is based on consolidated net income attributable to owners, and may exclude large unrealized gains not accompanied by actual cash flows, as decided by board resolution
Commentary
AI commentary · Not investment advice
What happened
Mirae Asset Securities announced a shareholder return policy for the 3 years from 2027 to 2029. It plans to keep returns at 35% or more of adjusted net income.
In the company's terms
Adjusted net income starts from net income on the consolidated financial statements, based on profit attributable to controlling shareholders. Large unrealized gains and other profits not backed by actual cash flow can be excluded. The board of directors decides how this is calculated.
What changes for shareholders
Returns will include dividends and share cancellation (retiring shares the company holds), among other methods. The board of directors decides the specific methods and amounts.
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