KB Financial Group (NYSE: KB) plans KRW 1.4T treasury share cancellation

Rhea-AI Filing Summary

KB Financial Group Inc. plans to cancel 14,262,733 previously acquired treasury common shares. This compares with a total of 372,850,455 common shares issued. The estimated amount of the shares to be cancelled is KRW 1,402,230,461,984 based on book value as of the board resolution date.

The cancellation is scheduled for May 15, 2026, subject to possible change after consultations with relevant authorities. It will be executed under Article 343-1 of the Korean Commercial Code and will not reduce the paid-in capital because it is within profits available for dividends.

Insights

Equity capital structure analyst

KB Financial Group will cancel a sizable block of treasury shares without cutting capital.

KB Financial Group Inc. resolved on April 23, 2026 to cancel 14,262,733 treasury common shares out of 372,850,455 common shares issued. These shares were previously repurchased and are being cancelled under Article 343-1 of the Korean Commercial Code.

The estimated value of the shares to be cancelled is KRW 1,402,230,461,984, based on book value at the resolution date. The company states there will be no reduction in paid-in capital because the cancellation is within profits available for dividends, indicating this is a balance-sheet-neutral capital return action.

The cancellation is planned for May 15, 2026, though the date and actual cancellation amount may change. The filing notes that fluctuations in the average acquisition price from an ongoing treasury share buyback, and consultations with authorities, could affect final figures and timing, with details to be reflected in subsequent corporate disclosures.

Key Figures

Treasury shares to be cancelled: 14,262,733 shares Total common shares issued: 372,850,455 shares Par value per share: KRW 5,000 +3 more

6 metrics

Treasury shares to be cancelled 14,262,733 shares Previously acquired common shares designated for cancellation

Total common shares issued 372,850,455 shares Total number of KB Financial Group common shares issued

Par value per share KRW 5,000 Par value of each common share

Estimated amount of shares to be cancelled KRW 1,402,230,461,984 Book value as of April 23, 2026 board resolution date

Scheduled date of cancellation May 15, 2026 Planned effective date for treasury share cancellation

Board resolution date April 23, 2026 Date board approved treasury share cancellation

Key Terms

treasury shares, paid-in capital, Korean Commercial Code, book value

4 terms

treasury shares financial

"resolved to cancel certain of the treasury shares that KB Financial Group had previously acquired"

Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.

paid-in capital financial

"there will be no reduction in the paid-in capital of KB Financial Group"

Paid-in capital is the cash and other assets shareholders have given a company in exchange for its stock, including amounts paid above the stock’s nominal value. Investors care because it shows how much funding came directly from owners rather than from borrowing or profits, affecting the company’s financial cushion, ownership dilution and how resilient it may be in tough times — like the extra money people pay above a ticket price to support a project they believe in.

Korean Commercial Code regulatory

"Legal basis for the cancellation of treasury shares: Article 343-1 of the Korean Commercial Code"

book value financial

"based on the book value as of the date of the resolution of the board of directors"

Book value is a company’s total assets minus its total liabilities as reported on the balance sheet; it represents the net accounting value that would remain for shareholders if the business sold its assets and paid off its debts. Investors use it as a benchmark to judge whether a stock looks cheap or pricey compared with that accounting baseline—like comparing a car’s resale “book” value to the price someone asks—and to assess firms with lots of tangible assets or potential liquidation value.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 000-53445

KB Financial Group Inc.

(Translation of registrant’s name into English)

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form  40-F ☐

Resolution for the Cancellation of Existing Treasury Shares

On April 23, 2026, the board of directors of KB Financial Group Inc. (“KB Financial Group”) resolved to cancel certain of the treasury shares that KB Financial Group had previously acquired. The details are as follows:

Type and Number of Shares to be Cancelled		Common Shares		14,262,733 shares
		Other Shares		-
Total Number of Shares Issued		Common Shares		372,850,455 shares
		Other Shares		-
Par Value per Share				KRW 5,000
Estimated Amount of Shares to be Cancelled				KRW 1,402,230,461,984
Method of Acquisition of Shares to be Cancelled				Previously acquired treasury shares
Scheduled Date of Cancellation				May 15, 2026
Brokerage Company Appointed for the Share Acquisitions				KB Securities Co., Ltd.
Date of Resolution by the Board of Directors				April 23, 2026
Obligation to Report to the Korea Fair Trade Commission				Not applicable
Other Material Information for an Investment Decision				-   Legal basis for the cancellation of treasury shares: Article 343-1 of the Korean Commercial Code. -   The cancellation of these shares constitutes the cancellation of treasury shares that had been previously acquired within the limits of profits available for dividends, pursuant to a resolution of the board of directors, and as such, there will be no reduction in the paid-in capital of KB Financial Group. -   The “Estimated Amount of Shares to be Cancelled” above is based on the book value as of the date of the resolution of the board of directors. The actual cancellation amount is subject to change due to fluctuations in the average acquisition price resulting from the treasury share buyback referred to in the Form 6-K titled “Resolutions for the Acquisition of Treasury Shares” furnished by KB Financial Group on April 23, 2026. -   The “Scheduled Date of Cancellation” above is subject to change following consultations with the relevant authorities.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				KB Financial Group Inc.
				(Registrant)
Date: April 23, 2026				By:		/s/ Sang Rok Na
				(Signature)
				Name: Sang Rok Na
				Title: Senior Managing Director and Chief Financial Officer

FAQ

What did KB Financial Group (KB) announce in this Form 6-K?

KB Financial Group Inc. announced a board resolution to cancel previously acquired treasury shares. The company will cancel 14,262,733 common treasury shares under Article 343-1 of the Korean Commercial Code, treating the cancellation within profits available for dividends and without reducing its paid-in capital.

How many KB Financial Group shares will be cancelled and from what total?

KB Financial Group plans to cancel 14,262,733 common shares. These are treasury shares previously repurchased by the company. They will be cancelled out of a total of 372,850,455 common shares issued, simplifying the equity capital structure once the cancellation takes effect.

What is the estimated value of the KB treasury shares to be cancelled?

The estimated amount of KB Financial Group shares to be cancelled is KRW 1,402,230,461,984. This figure is based on the book value as of the April 23, 2026 board resolution date and may change with fluctuations in the average acquisition price from the related share buyback.

When is KB Financial Group scheduled to complete the share cancellation?

The scheduled date for KB Financial Group’s treasury share cancellation is May 15, 2026. The company notes this date could change after consultations with relevant authorities, so final timing will depend on regulatory coordination and may be updated in future corporate communications.

Will KB Financial Group’s paid-in capital change due to this share cancellation?

KB Financial Group states there will be no reduction in paid-in capital from this cancellation. The treasury shares are being cancelled within the limits of profits available for dividends, following a board resolution, so the legal capital account remains unchanged under the Korean Commercial Code framework.

What is the legal basis for KB Financial Group’s treasury share cancellation?

The cancellation is based on Article 343-1 of the Korean Commercial Code. KB Financial Group explains that it is cancelling previously acquired treasury shares within distributable profits, under a board resolution, aligning the transaction with Korean corporate law requirements for such capital structure adjustments.