KB Financial Group Inc. [Amendment] Retirement of Stocks
Original title (Korean): [기재정정]주식소각결정
AI Summary
Original filing ↓KB Financial Group Amends Stock Retirement: Shares Reduced to 5,584,514
- The number of common shares to be retired was amended from 6,295,907 shares to 5,584,514 shares following the completion of treasury stock acquisition.
- The planned retirement amount was amended from KRW 300 billion to KRW 299.9 billion.
- The planned retirement date, previously not specified, was amended to Aug 14, 2024.
- The planned retirement date may change depending on consultations with relevant authorities.
Notes This stock retirement involves acquiring and retiring treasury stock within the range of distributable profits; while the total number of issued shares (common stock) will decrease, there will be no reduction in capital. · The planned retirement amount is based on the current book value of the shares to be retired as of the disclosure date. · The planned retirement date may change depending on consultations with relevant authorities. · The retirement is planned to occur alongside treasury stocks whose trust contracts are scheduled to end on Aug 7, 2024.
This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.
Original filing
The full filing is available in Korean only.
Other English summaries from KB Financial Group
Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20240731800419
DART receipt no. 20240731800419