Shin Young Securities has announced a plan to retire approximately 5.26 million of its treasury shares as part of its strategy to enhance corporate value. The company aims to maintain a stable shareholder return policy and improve capital efficiency.
According to a filing with the Financial Supervisory Service on June 22, Shin Young Securities disclosed its "2026 Corporate Value Enhancement Plan." The plan includes a significant share buyback, with the company intending to retire 5,262,283 shares out of its total of about 8.42 million treasury shares. This represents 32.0% of the total issued shares and 62.5% of its treasury stock.
In line with its share buyback objectives, the company will also focus on returning value to shareholders and enhancing shareholder value, while considering ongoing dividend policies and additional shareholder return measures.
Shin Young Securities stated that it meets the criteria for high-dividend companies under the Restriction of Special Taxation Act. In the previous fiscal year (2025), the company recorded a dividend payout ratio of 40.3%, with total dividends amounting to 60.12934 billion won, a 50.0% increase from the previous year’s 40.08623 billion won. Shareholders of high-dividend companies can receive tax benefits on dividend income if certain conditions are met.
A representative from Shin Young Securities emphasized, "Our core goals are stable profit generation, improved capital efficiency, continued compliance with high-dividend company requirements, and the implementation of a consistent and predictable shareholder return policy," adding that the plan may change depending on market conditions and management environment.
* This article has been translated by AI.
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