[SCHEDULE 13G/A] KB Financial Group Inc. Amended Passive Investment Disclosure
BlackRock reports 6.4% stake in KB Financial
BlackRock, Inc. reports beneficial ownership of 22,713,276 shares of KB Financial Group Inc. common stock, representing 6.4% of the class as of June 30, 2026.
BlackRock, Inc. reports beneficial ownership of 22,713,276 shares of KB Financial Group Inc. common stock, representing 6.4% of the class as of June 30, 2026. BlackRock has sole voting power over 21,271,301 shares and sole dispositive power over 22,713,276 shares.
The position is held on behalf of various clients, each of whom has the right to receive dividends or sale proceeds, but no individual client holds more than five percent of KB Financial Group Inc.’s outstanding common shares.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:22,713,276 sharesPercent of class:6.4%Sole voting power:21,271,301 shares+3 more
6 metrics
Beneficial ownership22,713,276 sharesCommon Stock of KB Financial Group Inc. beneficially owned by BlackRock, Inc.
Percent of class6.4%Portion of KB Financial Group Inc. common stock class held by BlackRock, Inc.
Sole voting power21,271,301 sharesShares of KB Financial Group Inc. over which BlackRock, Inc. has sole power to vote
Shared voting power0 sharesShares of KB Financial Group Inc. over which BlackRock, Inc. has shared voting power
Sole dispositive power22,713,276 sharesShares of KB Financial Group Inc. over which BlackRock, Inc. has sole dispositive power
Shared dispositive power0 sharesShares of KB Financial Group Inc. over which BlackRock, Inc. has shared dispositive power
Key Terms
beneficially owned, sole dispositive power, sole power to vote, Investment Company Act of 1940, +1 more
5 terms
beneficially ownedfinancial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 22,713,276"
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.
sole power to votefinancial
"Sole power to vote or to direct the vote: 21,271,301"
Investment Company Act of 1940regulatory
"shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many KB (KB Financial Group Inc.) shares does BlackRock report owning?
BlackRock reports beneficially owning 22,713,276 shares of KB Financial Group Inc. common stock. This stake is held through certain BlackRock business units and reflects securities they beneficially own or are deemed to beneficially own on behalf of their clients.
What percentage of KB common stock does BlackRock (KB) hold?
BlackRock reports holding 6.4% of the class of KB Financial Group Inc. common stock. This percentage is based on shares outstanding and represents the aggregated holdings of specified BlackRock business units acting for multiple underlying investors.
What voting power does BlackRock have over KB (KB Financial Group Inc.) shares?
BlackRock has sole power to vote 21,271,301 shares of KB Financial Group Inc. and no shared voting power. This means decisions on how those shares are voted are controlled by the reporting BlackRock business units, not their underlying clients.
What dispositive power does BlackRock report over KB (KB Financial Group Inc.) stock?
BlackRock reports sole dispositive power over 22,713,276 shares of KB Financial Group Inc. common stock and no shared dispositive power. Dispositive power refers to the authority to sell or otherwise dispose of the securities on behalf of clients.
Do any BlackRock clients own more than 5% of KB (KB Financial Group Inc.) shares?
No. The filing states that while various persons have rights to dividends or sale proceeds for KB shares held by BlackRock, no single person’s interest exceeds five percent of KB Financial Group Inc.’s total outstanding common shares.
Who is the reporting person in this KB (KB Financial Group Inc.) Schedule 13G/A?
The reporting person is BlackRock, Inc., a Delaware corporation. The report aggregates the holdings of certain BlackRock subsidiaries and business units, excluding other units whose beneficial ownership is disaggregated under SEC Release No. 34-39538.
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(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:
22,713,276
(b)
Percent of class:
6.4%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
21,271,301
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
22,713,276
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of KB Financial Group Inc. No one person's interest in the common stock of KB Financial Group Inc. is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
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.