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KB Financial Group Announces Treasury Share Cancellation

Story Highlights
  • KB Financial Group plans to cancel 5,724,197 common shares acquired as treasury shares.
  • The share cancellation aims to enhance shareholder value without reducing paid-in capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KB Financial Group Announces Treasury Share Cancellation

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Kb Financial Group ( (KB) ) has provided an update.

On July 24, 2025, KB Financial Group’s board of directors resolved to cancel 5,724,197 shares of its common stock, which will be acquired as treasury shares. This decision, made under the Korean Commercial Code, will not affect the company’s paid-in capital despite reducing the total number of issued shares. The acquisition of these shares is scheduled between July 24, 2025, and January 9, 2026, with Hana Securities Co., Ltd. appointed as the brokerage company for the transactions. This strategic move is expected to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share.

Spark’s Take on KB Stock

According to Spark, TipRanks’ AI Analyst, KB is a Outperform.

KB Financial Group is performing strongly with solid financial growth and bullish market momentum. The stock appears undervalued with a low P/E ratio and attractive dividend yield. Notable earnings call highlights include record profits and strong capital ratios, although some operational challenges persist.

To see Spark’s full report on KB stock, click here.

More about Kb Financial Group

KB Financial Group is a prominent financial services company based in Seoul, Korea. It operates in the banking and financial services industry, offering a range of products including banking, insurance, and investment services. The company focuses on providing comprehensive financial solutions to both individual and corporate clients.

Average Trading Volume: 201,031

Technical Sentiment Signal: Buy

Current Market Cap: $30.07B

Find detailed analytics on KB stock on TipRanks’ Stock Analysis page.

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