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Shinhan Financial Group’s Largest Shareholder Increases Stake

Story Highlights

Shinhan Financial Group Co ( (SHG) ) has shared an announcement.

On April 21, 2025, Shinhan Financial Group Co., Ltd. announced an increase in the number of common shares owned by its largest shareholder, Korea’s National Pension Service (NPS). The NPS increased its holdings from 43,318,455 shares to 43,509,972 shares, raising its stake from 8.60% to 8.64% as of March 31, 2025. This change in shareholding could potentially impact the company’s governance dynamics and influence its strategic decisions, given the NPS’s significant role as a major shareholder.

Spark’s Take on SHG Stock

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

Shinhan Financial Group’s stock is moderately attractive, supported by stable financial performance and strong technical indicators. However, liquidity challenges and moderate leverage pose potential risks. The stock’s low valuation and healthy dividend yield enhance its appeal, particularly for value investors. Investors should be mindful of cash flow issues and the possibility of overbought conditions in the short term.

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

More about Shinhan Financial Group Co

Shinhan Financial Group Co., Ltd. is a prominent financial services company based in Seoul, Korea. It operates in the financial industry, providing a wide range of services including banking, insurance, and investment management, with a significant market presence in Korea.

YTD Price Performance: 1.96%

Average Trading Volume: 283,309

Technical Sentiment Signal: Hold

Current Market Cap: $17.5B

See more data about SHG stock on TipRanks’ Stock Analysis page.

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