STOCK TITAN

KB Financial Group (KB) to cancel 3,581,623 treasury shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

KB Financial Group Inc. plans to cancel 3,581,623 common treasury shares with an estimated book value of KRW 599,999,968,200. The acquisition period for these treasury shares for cancellation ended on July 16, 2026.

The cancellation, based on Article 343-1 of the Commercial Code of Korea, will decrease the total number of issued common shares but will not reduce paid-in capital, as the shares were acquired within profits available for dividends. The cancellation is scheduled for December 23, 2026, subject to consultations with relevant authorities.

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Treasury shares to be cancelled 3,581,623 shares Type and number of common shares designated for cancellation
Estimated book value of cancelled shares KRW 599,999,968,200 Estimated amount of shares to be cancelled based on book value
End date of acquisition period July 16, 2026 End date of acquisition of treasury shares for cancellation
Scheduled cancellation date December 23, 2026 Planned date for cancellation, subject to consultations with authorities
treasury shares financial
"The cancellation of these shares constitutes the cancellation of treasury shares acquired within the limits"
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
"the total number of issued shares (common shares) will decrease, but there will be no reduction in the paid-in capital"
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.
Commercial Code of Korea regulatory
"Legal basis for the cancellation of treasury shares: Article 343-1 of the Commercial Code of Korea."
profits available for the payment of dividends financial
"treasury shares acquired within the limits of profits available for the payment of dividends."
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FAQ

What is KB (KB Financial Group Inc.) doing with its treasury shares?

KB Financial Group Inc. plans to cancel 3,581,623 common treasury shares. These shares were acquired within profits available for dividends, and their cancellation will reduce the total number of issued common shares without reducing paid-in capital.

What is the value of the treasury shares KB (KB Financial Group) will cancel?

The treasury shares scheduled for cancellation have an estimated book value of KRW 599,999,968,200. This amount is calculated based on the book value of the shares to be cancelled as of the date of the company’s report on the transaction.

When does KB (KB Financial Group Inc.) expect to complete the share cancellation?

KB Financial Group currently schedules the cancellation of the treasury shares for December 23, 2026. This date may change depending on the outcome of ongoing consultations with the relevant regulatory authorities in Korea.

How will KB’s (KB Financial Group) treasury share cancellation affect its capital structure?

The cancellation will decrease the total number of issued common shares of KB Financial Group but will not reduce its paid-in capital. The shares being cancelled were acquired within profits available for the payment of dividends under Korean law.
 
 

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 July 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 

 

 
 


Update on Resolution for Cancellation of Treasury Shares

On July 16, 2026, KB Financial Group Inc. (“KB Financial Group”) updated its previous disclosure made on its Form 6-K furnished on April 23, 2026 titled “Resolution for the Cancellation of Treasury Shares” (the “Original Report”) regarding the resolution made by the board of directors of KB Financial Group to cancel certain of its treasury shares. Except as disclosed below, the key details remain the same as were previously disclosed in the Original Report:

 

     
Type and Number of Shares to be Cancelled    Common Shares    3,581,623 shares
   
Estimated Amount of Shares to be Cancelled    KRW 599,999,968,200
     
Scheduled Period of Acquisition of Treasury Shares for Cancellation    End date of Acquisition    July 16, 2026
   
Scheduled Date of Cancellation    December 23, 2026
   
Other Material Information for an Investment Decision   

Legal basis for the cancellation of treasury shares: Article 343-1 of the Commercial Code of Korea.

 

The cancellation of these shares constitutes the cancellation of treasury shares acquired within the limits of profits available for the payment of dividends. As such, the total number of issued shares (common shares) will decrease, but there will be no reduction in the paid-in capital of KB Financial Group.

 

The “Estimated Amount of Shares to be Cancelled” above is calculated based on the book value of the shares to be cancelled as of the date of this report.

 

The above “Scheduled Date of Cancellation” is subject to change based on the outcome of 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: July 16, 2026    

By: /s/ Sang Rok Na

    (Signature)
    Name: Sang Rok Na
    Title: Senior Managing Director and Chief Financial Officer