KB Financial Group Inc. reports that Capital Research Global Investors filed an amendment reporting beneficial ownership of 17,488,330 shares of common stock, representing 4.7% of the company's 372,850,455 shares believed outstanding.
The filing clarifies voting and dispositive powers: CRGI holds 17,408,516 shares with sole voting power and 17,488,330 shares with sole dispositive power. The amendment is signed by a Capital Research officer on 05/11/2026.
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Insights
Large asset manager reports a passive 4.7% stake in KB Financial.
Capital Research Global Investors is disclosed as beneficial owner of 17,488,330 shares, with sole voting power over 17,408,516 shares. The filing uses Schedule 13G/A language indicating passive/Section 13 reporting rather than an active control schedule.
The reported stake is below 5% threshold; subsequent holdings or trading activity will be revealed in later filings if ownership crosses thresholds or changes. Timing and cash‑flow treatment are not provided in the excerpt.
Filing documents ownership and voting/dispositive splits without indicating activism.
The amendment lists specific sole voting and sole dispositive powers—useful for governance mapping—and notes inclusion of 60,488 Depository Receipts within the total share count. The signature line shows the filing was executed by a Capital Research officer on 05/11/2026.
Because the stake is under 5.0%, this is routine disclosure; any change above reporting thresholds would require updated disclosure.
Key Figures
Beneficial ownership:17,488,330 sharesPercent of class:4.7%Shares believed outstanding:372,850,455 shares+2 more
5 metrics
Beneficial ownership17,488,330 sharesAmount beneficially owned reported in Schedule 13G/A
Percent of class4.7%Percent of class based on shares believed outstanding
Shares believed outstanding372,850,455 sharesShares believed to be outstanding (used to compute 4.7%)
Sole voting power17,408,516 sharesNumber with sole power to vote as reported
Depository Receipts included60,488 DRsDepository Receipts included within reported shares
Key Terms
Schedule 13G/A, Beneficially owned, Depository Receipts, Sole dispositive power
4 terms
Schedule 13G/Aregulatory
"Amendment No. 1 and Schedule 13G/A ownership amendment"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially ownedfinancial
"CRGI is deemed to be the beneficial owner of 17,488,330 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Depository Receiptsmarket
"Shares reported include 60,488 Depository Receipts"
A depository receipt is a tradable certificate issued by a bank that represents ownership of shares held in a foreign company, letting investors buy and sell those shares on their local stock market without dealing with the foreign exchange and custody details. Think of it as a local receipt for a piece of a foreign company kept in a secure vault abroad; it matters because it makes international investing easier, often increases liquidity, and can affect dividend payments and currency risk.
Sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 17,488,330"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
KB Financial Group Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
Y46007103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
Y46007103
1
Names of Reporting Persons
Capital Research Global Investors
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
17,408,516.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
17,488,330.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,488,330.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
KB Financial Group Inc.
(b)
Address of issuer's principal executive offices:
141, UISADANG-DAERO, YEONGDEUNGPO-GU, SEOUL 07332, Republic of Korea
Item 2.
(a)
Name of person filing:
Capital Research Global Investors
(b)
Address or principal business office or, if none, residence:
333 South Hope Street, 55th Fl, Los Angeles, CA 90071
(c)
Citizenship:
N/A
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
Y46007103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
17,488,330 **
**Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 17,488,330 shares or 4.7% of the 372,850,455 shares believed to be outstanding. Shares reported include 60,488 Depository Receipts, which represent 60,488 Common Stock.
(b)
Percent of class:
4.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
17,408,516
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
17,488,330
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Capital Research Global Investors
Signature:
Jae Won Chung
Name/Title:
Vice President and Senior Counsel II, Capital Research and Management Company
What stake did Capital Research Global Investors report in KB Financial (KB)?
Capital Research reported ownership of 17,488,330 shares, or 4.7% of KB Financial's common stock. The filing states this figure is based on 372,850,455 shares believed outstanding and includes 60,488 Depository Receipts within the total.
Does the Schedule 13G/A indicate voting or dispositive power for Capital Research?
Yes. Capital Research reports sole voting power for 17,408,516 shares and sole dispositive power for 17,488,330 shares. The filing itemizes sole versus shared powers in the amendment's ownership section.
When was the ownership amendment signed and filed for Capital Research?
The amendment is signed by Jae Won Chung, Vice President and Senior Counsel II, on 05/11/2026. That signature appears on the filing's concluding signature block for the Schedule 13G/A amendment.
Are Depository Receipts included in the reported share count?
Yes. The filing states the reported shares include 60,488 Depository Receipts representing Common Stock. Those Depository Receipts are counted within the total 17,488,330 shares reported as beneficially owned.
Does this Schedule 13G/A indicate an activist intent or change of control?
No activist intent or change of control is stated in the excerpt. The filing lists ownership and voting/dispositive powers only; it does not assert any plans, control actions, or intent to influence management in the provided text.