STOCK TITAN

Shinhan Financial to cancel 6.54M shares on Nov. 4

The estimated amount to be cancelled is KRW 699,999,943,850, after the repurchase program completed on October 20, 2026.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K/A

Rhea-AI Filing Summary

Shinhan Financial Group Co., Ltd. amended its share-cancellation announcement after completing its share repurchase program on October 20, 2026. It states that 6,538,516 common shares are scheduled for cancellation on November 4, 2026, with an estimated amount to be cancelled of KRW 699,999,943,850. The scheduled period for acquiring treasury shares for cancellation ran from July 31, 2026, through October 20, 2026.

Common shares scheduled for cancellation 6,538,516 shares Scheduled for cancellation
Estimated amount to be cancelled KRW 699,999,943,850 Share cancellation announcement
Treasury-share acquisition period July 31, 2026 to October 20, 2026 Acquisition for cancellation
Scheduled cancellation date November 4, 2026 Common shares
treasury shares financial
"Acquisition of Treasury Shares for Cancellation"
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.
share repurchase program financial
"completion of SFG’s share repurchase program"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
cancellation of shares financial
"Announcement on Cancellation of Shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SHG shares are scheduled for cancellation?

Shinhan Financial Group lists 6,538,516 common shares for cancellation.

When is SHG scheduled to cancel the shares?

Cancellation is scheduled for November 4, 2026. The share repurchase program was completed on October 20, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

———————————

 

FORM 6-K/A

 

———————————

 

 

REPORT OF FOREIGN PRIVATE ISSUER

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of October 2026

 

Commission File Number: 001-31798

 

———————————

 

SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant's name into English)

 

———————————

 

20, Sejong-daero 9-gil, Jung-gu, Seoul 04513, Korea
(Address of principal executive offices)

 

———————————

 

 

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

 

 

 

 

 

 


Explanatory Note

 

This Form 6-K/A amends “Announcement on Cancellation of Shares” furnished on Form 6-K by Shinhan Financial Group (“SFG”) on July 23, 2026.

 

This amendment is to update and correct ‘1. Class and Number of Shares to be Cancelled,’ ‘4. Estimated Amount to be Cancelled,’ ‘5. Scheduled Period of Acquisition of Treasury Shares for Cancellation,’ and ‘7. Scheduled Date of Cancellation’ following the completion of SFG’s share repurchase program on October 20, 2026. All other information in the announcement dated July 23, 2026 remains unchanged.

 

1. Class and Number of Shares to be Cancelled

 

Common shares

6,538,516

4. Estimated Amount to be Cancelled

 

KRW 699,999,943,850

5. Scheduled Period of Acquisition of Treasury Shares for Cancellation

 

From

To

 

July 31, 2026

October 20, 2026

7. Scheduled Date of Cancellation

 

November 4, 2026

 

 

9. Other considerations:

•

The cancellation of 6,538,515 shares of treasury stock acquired within the limits of distributable profits, as resolved by the Board of Directors on July 23, 2026, constitutes a cancellation of shares pursuant to the proviso to Article 343(1) of the Korean Commercial Act. As these treasury shares were acquired within the limits of distributable profits, the total number of issued shares (common stock) will decrease, but there will be no reduction in the paid-in capital of Shinhan Financial Group. For further details regarding the acquisition of treasury shares, please refer to the disclosure titled “Report on Results of Treasury Share Acquisition” filed on October 20, 2026.

•

 

 

 

 

•

 

The above “1. Class and Number of Shares to be Cancelled - Common Stock (Shares)” includes 6,538,515 shares acquired pursuant to the resolution of the Board of Directors on July 23, 2026, as well as one additional treasury share acquired in respect of a fractional share and already held by the Company, the cancellation of which was also resolved by the same Board.

 

The above “4. Estimated Amount to be Cancelled (KRW)” is based on the current book value of the shares to be cancelled as of the disclosure filing date.

•

 

 

•

The above “5. Scheduled Period of Acquisition of Treasury Shares for Cancellation” refers to the settlement date of the final treasury share acquisition transaction.

 

The above “7. Scheduled Date of Cancellation” may change depending on discussions with the relevant institutions.

 


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.

 

 

 

 

 

 

 

 

 

Shinhan Financial Group Co., Ltd.

 

 

(Registrant)

 

 

 

 

    Date: October 20, 2026

 

By:

/s/ JANG Jeong Hoon

 

 

 

 

 

 

Name: JANG Jeong Hoon

 

 

Title: Chief Financial Officer

 

 


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