SHINHAN FINANCIAL GROUP CO LTD (SHG) Form 6-K — Oct 27, 2026
Shinhan Financial Group's board resolved on October 27, 2026 to acquire 5,263,157 treasury shares for an estimated KRW 450 billion between October 28, 2026 and January 26, 2027, to be purchased on the KRX through Shinhan Securities. The buyback is part of Shinhan's 2026 Corporate Value-Up Plan disclosed April 12, 2026, and the acquired shares are intended for cancellation rather than held indefinitely, which directly reduces share count.
Key figures
- Gross Proceeds
- KRW 450,000,000,000 (estimated acquisition amount, not proceeds)
- Shares Offered
- 5263157
- Acquisition period
- October 28, 2026 - January 26, 2027
- Reference price krw
- 85500
- Acquisition amount krw
- 450000000000
- Daily order limit shares
- 526315
- Existing treasury shares
- 6538515
- Expected 2026 portion krw
- 200000000000
- Legal buyback capacity krw
- 1268885682642
- Expected january 2027 portion krw
- 250000000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.