Finance
Daishin Securities to cancel 15.35 million treasury shares, pay tax-exempt dividend
Daishin Securities said it will boost shareholder returns by cancelling 15.35 million treasury shares and paying its first tax-exempt dividend. The company plans to cancel 9.32 million common shares and all 6.03 million preferred shares, carrying out the process at quarter-end over 6 quarters. It will use 3 million remaining treasury shares for human capital investment, including employee bonuses through 2029 and allocations to its ESOP through 2030.
