Kb Financial Group ( (KB) ) just unveiled an announcement.
On March 4, 2025, KB Financial Group announced the termination of its trust agreement with Samsung Securities Co., Ltd., which was initially established on August 26, 2024, for the acquisition of treasury shares. The termination, due to the expiration of the agreement’s term, involves the return of cash and treasury shares, with 4,575,874 shares being deposited into KB Financial Group’s corporate account. This move is expected to impact the company’s financial strategy and shareholder value as the shares will be held until May 15, 2025, with a potential share cancellation subject to regulatory consultations.
More about Kb Financial Group
KB Financial Group is a prominent financial services company based in Seoul, Korea, primarily engaged in providing a wide range of financial products and services. The company focuses on banking, insurance, and investment services, positioning itself as a key player in the Korean financial market.
YTD Price Performance: -4.47%
Average Trading Volume: 189,657
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $19.78B
For an in-depth examination of KB stock, go to TipRanks’ Stock Analysis page.