KRW 600B KB Financial Group (KB) treasury share buyback plan
Rhea-AI Filing Summary
KB Financial Group Inc. plans to acquire up to 4,222,378 common shares as treasury stock, with an estimated purchase amount of KRW 600,000,000,000. The board approved the program on February 5, 2026.
The buyback is scheduled from February 6, 2026 to April 20, 2026 through stock exchange purchases on the Korea Exchange, using KB Securities as the entrusted broker. The stated goal is to enhance shareholder return and increase corporate value by acquiring and cancelling treasury shares. As of February 5, 2026, KB Financial Group held 14,262,733 treasury shares, representing 3.83% of its shares, and the daily buying limit is 422,237 common shares. The company confirms that the repurchase capacity complies with Korean Commercial Code limits on profits available for dividends.
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Insights
KB Financial launches a sizeable, time-bound buyback aimed at cancellation.
KB Financial Group has authorized the repurchase of up to 4,222,378 common shares for an estimated
The stated purpose is to enhance shareholder return and increase corporate value through acquisition and cancellation of treasury shares. As of
The board also details an upper limit of profits available for dividends of
The lower of [the higher of ① and ②] and ③