SHINHAN FINANCIAL GROUP CO LTD (SHG) Form 6-K — Oct 27, 2026
Shinhan Financial Group's board resolved on October 27, 2026 to cancel treasury shares with an estimated value of KRW 450 billion, equal to roughly 5.26 million common shares based on the prior-day close of KRW 85,500. The shares will be acquired on the KRX between October 28, 2026 and January 26, 2027, funded from profits available for dividends, with the cancellation date to be determined after acquisition completes.
Key figures
- Shares To Cancel
- 5263157
- Acquisition Period
- 2026-10-28 to 2027-01-26
- Face Value Per Share
- KRW 5,000
- Total Shares Issued
- 469450239
- Reference Closing Price
- KRW 85,500
- Estimated Cancellation Amount
- KRW 450,000,000,000
- Acquisition Method
- Purchase on the stock exchange (KRX)
- Dilution Reduction Percent
- approximately 1.1% of shares issued
AI analysis
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