Shinhan Financial Group Announces Treasury Share Cancellation

An update from Shinhan Financial Group Co ( (SHG) ) is now available.

On July 25, 2025, Shinhan Financial Group’s board of directors resolved to cancel 11,544,011 common treasury shares. This decision is part of a strategic move to optimize the company’s capital structure without affecting the total capital amount. The acquisition of these shares will occur between July 31, 2025, and January 30, 2026, through purchases on the Korea Exchange. This action is expected to enhance shareholder value by reducing the number of shares outstanding, although the exact number of shares to be canceled may vary with market conditions.

The most recent analyst rating on (SHG) stock is a Buy with a $54.01 price target. To see the full list of analyst forecasts on Shinhan Financial Group Co stock, see the SHG Stock Forecast page.

Spark’s Take on SHG Stock

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

Shinhan Financial Group’s stock is favorably positioned with strong technical momentum and attractive valuation metrics. However, financial performance is mixed due to cash flow difficulties and moderate leverage, which are areas for improvement.

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

More about Shinhan Financial Group Co

Shinhan Financial Group Co., Ltd. is a leading financial services company based in Seoul, Korea. It operates in the banking and financial services industry, offering a wide range of products including banking, insurance, and investment services. The company primarily focuses on the Korean market but also has a presence in international markets.

Average Trading Volume: 210,183

Technical Sentiment Signal: Buy

Current Market Cap: $25.34B

For detailed information about SHG stock, go to TipRanks’ Stock Analysis page.