Shinhan Financial Group Co (SHG) has released an update.
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Shinhan Financial Group has ended its trust agreement for acquiring treasury shares, resulting in a total of 5,947,890 shares held in its corporate account, which is 1.2% of its total shares. The agreement, initiated in April 2024, concluded as per the set term without a board resolution. This move reflects Shinhan’s strategic management of its equity holdings, potentially impacting its market position.
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