Shinyoung Securities announces cancellation of 32% of issued shares and expansion of dividend to 7,500won

Shinyoung Securities announced that it would cancel treasury shares equivalent to 2026 year 6 month 4 day 32% of its issued shares. The company said the cancellation amounted to approximately 1trillion won. The company explained that the measure was part of its shareholder returns.

The company said it brought forward the timing of the treasury-share cancellation by more than 1 years from the mandatory holding period. It announced that the cancellation procedure would proceed following a board resolution. It said the detailed cancellation schedule would be disclosed later.

The dividend per share was increased from the previous 5,000won to 7,500won. The company described the dividend increase as an expansion of returns to shareholders. It said the timing of dividend payments and eligibility criteria would follow the disclosure.

The company said it would pursue both the cancellation of treasury shares and an increase in dividends. Cancellation reduces the number of shares outstanding, while dividends involve paying cash to existing shareholders. The company said both measures would proceed in stages in accordance with the disclosed procedures.

According to the company’s announcement, the specific execution schedule and detailed conditions must be confirmed through future disclosures. The company said it would proceed in compliance with relevant laws and internal procedures. Investors should check the disclosures to confirm the completion date of the cancellation and the record date for the dividend.