Mirae Asset Securities Holds 56th Annual General Meeting... Confirms 367 Billion KRW Shareholder Return

Mirae Asset Securities held its 56th General Meeting of Shareholders on the 27th at the Mirae Asset Center One Building in Jung-gu, Seoul, where it finalized the appointment of inside and outside directors, financial statements, and profit dividends.

At the 56th Mirae Asset Securities Annual General Meeting held on the 27th at the Mirae Asset Center One Building in Jung-gu, Seoul, Vice Chairman Kim Miseop is striking the gavel. Photo by Mirae Asset Securities

At this regular general meeting, Vice Chairman Kim Miseop, Vice Chairman Heo Seonho, and President Jeon Gyeongnam were reappointed as inside directors.

To strengthen the independence of the board, outside director Song Jaeyong was appointed as the chairman of the board. Additionally, outside directors Lee Jemma and Seok Junhee were reappointed, and outside director Moon Hongseong was newly appointed. Director Moon is a global expert who has worked at the Ministry of Strategy and Finance and the International Monetary Fund (IMF).

The Audit Committee was composed of outside directors Lee Jemma (chairperson), Song Jaeyong, and Moon Hongseong.

Mirae Asset Securities also approved the financial statements and profit dividends for the 2024 fiscal year. The company recorded consolidated equity capital of KRW 12.2637 trillion last year. Operating profit was approximately KRW 1.1881 trillion (an increase of about 128% compared to the previous year), and net profit was KRW 925.5 billion (an increase of 178% compared to the previous year).

Dividends were decided at a total of KRW 146.7 billion (KRW 250 per common share, KRW 275 per first preferred share, KRW 250 per second preferred share), and the scale of treasury stock cancellation was about KRW 220.3 billion. The total shareholder return, combining cash dividends and treasury stock cancellation, amounted to KRW 367 billion, recording a total shareholder return ratio of about 40%.

A representative of Mirae Asset Securities stated, "Mirae Asset Securities will continue to pursue sustainable growth through innovative and long-term business strategies," adding, "All employees will do their best to become a capital market partner that prioritizes customers above all."