KB Financial Group Inc. Corporate Value-up Plan (Voluntary Disclosure)
Original title (Korean): 기업가치제고계획(자율공시)
AI Summary
Original filing ↓KB Financial Group Finalizes 2024 Sustainable Value-up Plan
- KB Financial Group finalized the '2024 KB Financial Group Sustainable Value-up Plan' through a board resolution on Oct 24, 2024.
- The Target ROE is set at 10% or higher, and the Target CET1 ratio is set at 13% or higher.
- Capital exceeding a 13% CET1 ratio at year-end will be used as funds for shareholder returns in the following year, and capital exceeding a 13.5% CET1 ratio in the second half will be used as additional funds for shareholder returns.
- Shareholder return methods include equal quarterly cash dividends on a total amount basis and share buybacks/cancellations.
Notes The disclosed content may vary depending on management purposes such as economic uncertainty, regulatory environment, capital ratio forecast levels, and pursuit of inorganic growth. · It includes future plans and forward-looking information, so future plans may change or actual results may differ from forecasts. · Refer to the attached '2024 KB Financial Group Sustainable Value-up Plan' for details.
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=20241024800258
DART receipt no. 20241024800258