Shinhan Financial plans to cancel about 5.26M shares

The planned cancellation would reduce the number of issued shares without changing Shinhan Financial Group’s total capital amount.

Rhea-AI Filing Summary

Shinhan Financial Group Co., Ltd. (SHG) resolved to cancel treasury common shares to be acquired, with 5,263,157 shares listed for cancellation and an estimated cancellation amount of KRW 450,000,000,000. The acquisition is scheduled from October 28, 2026 through January 26, 2027, by purchase on the stock exchange (KRX); SHG plans to cancel the shares after the acquisition is complete.

The listed share count was calculated using the October 26, 2026 closing price of KRW 85,500. The actual number of shares and cancellation amount may vary with share-price changes, and SHG will disclose the final share count before cancellation. SHG stated that cancellation will reduce the number of shares issued while leaving total capital unchanged; total issued common shares were 469,450,239.

Key Figures

Shares listed for cancellation: 5,263,157 common shares Estimated cancellation amount: KRW 450,000,000,000 Closing price: KRW 85,500 per common share +2 more

5 metrics

Shares listed for cancellation 5,263,157 common shares Calculated using the October 26, 2026 closing price; the actual number may vary.

Estimated cancellation amount KRW 450,000,000,000 The amount may vary with share-price changes during the acquisition period.

Closing price KRW 85,500 per common share October 26, 2026; used to calculate the listed cancellation share count.

Total issued common shares 469,450,239 shares Total number of common shares issued.

Face value per share KRW 5,000 Common shares.

Key Terms

treasury shares, profits available for dividends, share cancellation

3 terms

treasury shares financial

"treasury shares to be 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.

profits available for dividends financial

"within the limits of profits available for dividends"

share cancellation technical

"share cancellation pursuant to Paragraph 1 of Article 343"

FAQ

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

How many SHG shares does Shinhan plan to cancel?

SHG listed 5,263,157 common shares for cancellation, with an estimated cancellation amount of KRW 450,000,000,000. The share count was calculated using the October 26, 2026 closing price of KRW 85,500; the actual number of shares and cancellation amount may vary with share-price changes.

How will SHG acquire shares for cancellation?

SHG scheduled the acquisition period from October 28, 2026 through January 26, 2027, using purchases on the stock exchange (KRX). SHG plans to cancel the treasury shares after completing the acquisition.

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

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

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Available on EDGAR 10/27/2026 - 06:22 AM EDT Accepted by SEC EDGAR 10/27/2026 - 06:21 AM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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 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 

Announcement on Cancellation of Shares

On October 27, 2026, the board of directors of Shinhan Financial Group Co., Ltd. (hereafter “SFG”) resolved to cancel the treasury shares to be acquired.

1. Class and Number of Shares to be Cancelled				Common shares			5,263,157
				Preferred shares			-
2. Total Number of Shares Issued				Common shares			469,450,239
				Preferred shares			-
3. Face Value per Share				KRW 5,000
			4. Estimated Amount to be Cancelled						KRW 450,000,000,000
5. Scheduled Period of Acquisition of Treasury Shares for Cancellation						From		October 28, 2026
					To		January 26, 2027
6. Acquisition Method of Treasury Shares to be Cancelled						Purchase on the stock exchange(KRX)
7. Scheduled Date of Cancellation				To be determined
8. Date of resolution by the board of directors				October 27, 2026

9. Other considerations:

	•	The cancellation of treasury shares resolved by the Board of Directors today, which are to be acquired within the limits of profits available for dividends, constitutes a share cancellation pursuant to Paragraph 1 of Article 343 of the Korean Commercial Code. While the number of shares issued will decrease, the total capital amount will not change due to the share cancellation. For detailed information regarding acquisition of the treasury shares, please refer to another Form 6-K announcement of SFG in respect of treasury shares acquisition made on the date hereof.
	•	The above ‘1.Class and Number of Shares to be Cancelled’ represents the number of shares calculated by dividing the above ‘4.Estimated Amount to be Cancelled’ by the closing price of common shares of SFG as of the day prior to the resolution of the board of directors (October 26, 2026: KRW 85,500). The actual number of shares to be cancelled and cancellation amount may vary depending on changes in the share price during the acquisition period. SFG will disclose the final number of shares to be cancelled in a Form 6-K/A filing prior to the cancellation.
	•	SFG plans to cancel the treasury shares following the completion of the acquisition of the treasury shares.

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 27, 2026				By:		/s/ JANG Jeong Hoon
				Name: JANG Jeong Hoon
				Title: Chief Financial Officer