Mirae Asset Securities to Issue 992.8 Billion Won in Derivative Securities and Plan 100 Billion Won Share Buyback, Maintains AA Credit Rating
Mirae Asset Securities has confirmed its 2026 issuance plan for derivative securities ELS ELB ELW through this additional filing. The total issuance amount including public and private offerings reaches approximately 2.252 trillion won, but since these are derivative instruments not equity issuance, there is no dilution for existing shareholders.
The company maintains strong financial health with consolidated net profit of 1.5829 trillion won in 2025 and a net capital ratio of 3437%, and holds an AA credit rating from NICE and Korea Ratings.
The company plans a cash dividend of 300 won per common share and a treasury stock acquisition of 100 billion won, continuing shareholder return policies. However, these derivative-linked securities are high-complexity financial products with potential principal loss and early termination risks, requiring investor caution.
[AI Summary]Mirae Asset Securities' additional issuance of derivative securities is normal business operation in line with its core activities. The issuer risk is low given its excellent credit rating and financial structure. Shareholder returns through buybacks and dividends are positive, but the high loss potential of derivative products poses a risk to investors. Overall assessment is neutral.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)