KB Financial Group Inc. - Update on Resolution for Cancellation of Treasury Shares

2026-04-09SEC Filing 6-K (0001193125-26-148788)

KB Financial Group Inc. has provided an update on its board of directors' resolution to cancel treasury shares. The company plans to cancel 3,899,988 common shares, with an estimated value of KRW 599,999,977,300. The treasury shares were acquired between February 6, 2026, and April 9, 2026. The cancellation is scheduled for May 15, 2026. This action is based on Article 343-1 of the Commercial Code of Korea and involves canceling treasury shares acquired within the limits of profits available for dividend payments. Consequently, the total number of issued common shares will decrease, but the paid-in capital will remain unchanged. The estimated cancellation amount is based on the book value as of the report date, and the scheduled cancellation date is subject to change pending consultations with relevant authorities.

Ticker mentioned:KB