DB Financial Investment, a Fresh Start as 'DB Securities'

DB Financial Investment (CEO Kwak Bong-seok) will newly start as DB Securities on the 1st.

This name change is regarded as more than a simple renaming; it marks the starting point for enhancing corporate value and sustainable growth. Through this, DB Securities plans to expand its customer base centered on its core strategy, the PIB (PB+IB) business model, and strengthen the momentum for change and growth by improving profitability.

A representative of DB Securities stated, “Under the name DB Securities, we will further elevate trust from customers and the market, continue exemplary value-up activities, and establish ourselves as a securities firm that grows together with our customers.”

Last September, DB Securities became the first small- to mid-sized securities firm to announce a corporate value enhancement plan and has been sequentially implementing the measures. Through continuous communication with the market and responsible shareholder return activities, it has received positive evaluations from various stakeholders.

In particular, amid voluntary stock purchases by management, DB Securities plans to additionally purchase treasury shares worth 3 billion KRW this year following the purchase in November last year, and simultaneously conduct a cash dividend of 400 KRW per share, once again demonstrating sincerity in enhancing corporate value. Despite a challenging business environment last year, based on solid performance, it exceeded the shareholder return rate target of 40% set last year, achieving remarkable shareholder return results among small- to mid-sized securities firms.