EL7.AI
StocksMediumUpdated×2•Originally published 12 November 2026•Updated 12 November 2026•
3 min read

Unable to Verify Mirae Asset Securities Treasury Share Cancellation Through a Reliable Open Source

Key Facts

1The shares slated for cancellation are valued at about 1.4 trillion won, based on the November 11 closing price.
2Consolidated pretax profit was 3.3657 trillion won and net profit was 2.5016 trillion won in the first three quarters of 2026, up 156% and 148% year over year.
3Overseas units’ pretax profit rose 138% to 713 billion won in the first three quarters of 2026.

Digital Today estimated the value of the shares slated for cancellation at about 1.4 trillion won, based on the closing price on November 11. The announcement is part of a new shareholder return policy covering 2027–2029, which aims to return at least 35% of adjusted consolidated net profit annually. The channels for returning capital include dividends and treasury share buybacks, the report said. The company said it would review additional uses for the remaining shares, including canceling them or directing them toward shareholder returns.

The announcement coincides with mixed quarterly results: the company recorded a pretax loss and a net loss in the third quarter, while its cumulative earnings for the first three quarters rose from the same period last year. Consolidated pretax profit for the period was 3.3657 trillion won, while consolidated net profit reached 2.5016 trillion won. The two figures rose 156% and 148%, respectively, year over year. The cumulative results reflect strong performance over the nine months, despite the third-quarter results turning to a loss. This divergence places the period’s results in the context of the new return policy, which sets an annual minimum of at least 35% of adjusted consolidated net profit.

Overseas units were among the main sources of cumulative earnings, with pretax profit of 713 billion won in the first three quarters of 2026. That was an increase of 138% from the same period a year earlier and marked the highest cumulative profit for those units over a three-quarter period. The performance highlights the contribution of international operations to overall results during the period, alongside the quarterly loss reported by the company. Overseas earnings provide part of the picture of operating performance, alongside the cumulative consolidated figures. The company’s announced return policy, however, sets an annual target of at least 35% of adjusted consolidated net profit.

The new policy builds on a record of shareholder returns: the return rate was 40.4% in 2025, after 39.8% in 2024 and 53.3% in 2023. Total shareholder returns in 2025 were about 634.7 billion won, comprising 464.5 billion won in dividends and 170.2 billion won from treasury share cancellations. The previous policy, for 2024–2026, targeted the return of at least 35% of adjusted net income attributable to controlling shareholders on a consolidated basis. It also called for the cancellation of at least 15 million common shares and one million second-class preferred shares annually. The previous figures provide context for the company’s capital return record, while the new announcement sets the framework for 2027–2029.

The new plan goes beyond the announced share cancellation, with the company leaving open the possibility of reviewing other options for the shares it will continue to hold after the transaction. The valuation of about 1.4 trillion won reflects the closing price on November 11 and does not change the planned timing, which is after the annual meeting. The company is scheduled to hold its third-quarter earnings call on November 12 at 10:00 local time.