DB Financial Investment Announces Value-Up Plan as First Small and Medium Securities Firm... "Shareholder Return Rate Over 40%"

DB Financial Investment (CEO Kwak Bong-seok) announced on the 5th through the electronic disclosure system the first value-up plan among small and medium-sized securities firms to enhance corporate value. The main points are to achieve an ROE of over 10%, maintain a shareholder return ratio of over 40%, and improve total shareholder return (TSR) by targeting a price-to-book ratio (PBR) above the industry average.

Looking specifically at the value-up plan, the company aims to raise ROE to over 10% by the end of 2027 and use at least 40% of the adjusted net income based on separate financial statements for shareholder returns over the next three years, targeting a dividend yield of over 5% and share repurchases.

In particular, the 40% shareholder return ratio significantly exceeds DB Financial Investment’s average shareholder return ratio of 27.6% over the past five years and is a more proactive level than other securities firms that have previously announced value-up plans. The company also believes that the current PBR is excessively undervalued and aims to restore it to above the average PBR of the securities industry. The company expects that if a revaluation of the entire securities industry occurs in the future, achieving a PBR of 1.0 times will also be possible.

To achieve these goals, DB Financial Investment plans to strengthen profit and loss volatility management centered on the 'PIB (PB+IB) business model' and focus on generating stable cash flow. In addition to company-level share repurchases, the company will align the interests of the company, executives, employees, shareholders, and potential investors by supporting executives’ purchase of company shares for responsible management and enabling employees to purchase shares through the employee stock ownership association program, thereby enhancing the driving force for company growth.

DB Financial Investment will actively communicate with the market through quarterly earnings announcements, regular NDRs, and participation in conferences. The company also plans to regularly evaluate the implementation status of the value-up program and transparently disclose the evaluation results through public announcements.

A DB Financial Investment official stated, "Starting with this value-up program, we will continuously strive to maximize corporate value and shareholder value."