Meritz Financial Group Q1 2026 Value-Up Plan Update: Sustained Shareholder Return Policy Focused on Buybacks
Mid-term shareholder return policy: 50% of consolidated net profit used for dividends and share buybacks/cancellations (total shareholder return rate 50%)
Buyback yield (14.6%) exceeds required return (10%) → continued focus on buybacks
Cumulative TSR since policy announcement in 2023: 169.6%, 3-year average TSR: 43.9%
Entered into a 700 billion won trust agreement on March 26, 2026; as of end-April, acquired approximately 146.1 billion won (1.26 million shares); additional purchases ongoing
KOSPI Filing Information
Filing: Corporate Value Enhancement Plan (Voluntary Disclosure) (Implementation Status for Q1 2026)