Amid a sharp increase in pension savings balances, Mirae Asset’s own-share 3,000hundred million won announcement
Pension savings fund balances reached 61trillion 3,000hundred million won, up 50.7% year on year, while total pension savings exceeded 200trillion won and the return last year was 10.6%. During the same period, Mirae Asset Securities disclosed the acquisition of its own shares worth 3,000hundred million won and also said it was reviewing compensation related to the issue of unallocated SpaceX shares.
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Pension savings fund balances totaled 61trillion 3,000hundred million won, up 50.7% year on year. From an investor’s perspective, the figure shows that the inflow of personal funds into the stock market has become pronounced.
Total pension savings exceeded 200trillion won, and the average return on pension savings last year was announced at 10.6%. The fact that annual returns were positive appears to have contributed to the increase in savings balances.
Looking only at pension savings funds, balances were reported to have increased by 20trillion 6,000hundred million won. Money moves are usually active during stock-market booms.
Mirae Asset Securities 6month 17day, announced a plan to acquire its own shares worth the largest amount ever, 3,000hundred million won. The disclosure specified the purpose as returning value to shareholders.
Mirae Asset Securities 6month 16day, said it is reviewing compensation regarding the unallocated SpaceX-related matter. The company explained that it is at the stage of reviewing the method and scope of compensation.
The company has not yet finalized the compensation amount or specific terms. Details remain undisclosed until an additional filing is issued.
This series of disclosures represents a case in which the trend of increasing reserves and disclosures by individual securities firms continued simultaneously. Investors should check the relevant disclosures and changes in reserves.
If additional related disclosures are issued in the future, the inflow route of the reserves and Mirae Asset Securities’ compensation details are expected to become more specific.