Daxin Securities enhances shareholder value through share repurchase cancellations and cash dividends

TechubNews · 2026-03-24T13:58:15+00:00

Daeshin Securities approved stock repurchase and cash dividend plans at its shareholders' meeting, deciding to distribute 1200 Korean won per ordinary share, maintaining dividends for 28 consecutive years. Simultaneously, the company plans to repurchase 15.35 million shares over the next 6 quarters to enhance shareholder value. The company's consolidated performance remains stable, and board members have undergone adjustments, emphasizing that it will strengthen trust with investors through proactive shareholder return policies.

TechubNews

2026-03-24 13:58:15

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Daishin Securities confirmed major proposals such as stock buybacks and dividends at the shareholders’ meeting held on the 24th. This demonstrates the company’s efforts to enhance shareholder value.

On the same day, at the 65th regular shareholders’ meeting held at Daishin Welfare Center in Songpa District, Seoul, seven proposals including approval of financial statements and appointment of directors were approved as originally presented. The most attention-grabbing decision was the dividend plan. Daishin Securities decided to pay cash dividends of 1,200 KRW per common share, 1,250 KRW per preferred share, and 1,200 KRW per Class B2 share. As a result, Daishin Securities will maintain its cash dividend record for 28 consecutive years.

In addition, Daishin Securities also decided to repurchase a total of 15.35 million shares, including common shares, over the next six quarters. Stock buybacks reduce the number of shares outstanding, which can increase the stock value for each shareholder. This can be interpreted as part of a shareholder-friendly policy.

The approved financial statements set Daishin Securities’ consolidated baseline performance as follows: sales of 50.639 trillion KRW, operating profit of 301.4 billion KRW, and net profit of 186.7 billion KRW. This performance indicates a stable revenue structure, providing a foundation for sustained dividend policies.

There were also changes in director appointments. Vice Chairman Yang Hong-sik was reappointed as an internal director, and newly elected representative director Chen Chengxu was appointed as an internal director. Among external directors, Kim Sung-ho, Jo Sun-young, and Han Seung-hee were reappointed, while Kwon Yong and Jae-eun Lee were newly appointed.

Daishin Securities’ Business Planning Department head Jeong Min-seok stated that through active shareholder return policies such as dividend payments and stock buybacks, the company will do its best to enhance shareholder value. This trend is expected to build trust with investors through shareholder return policies and to increase the company’s market value over the long term.

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