KB Financial Group Inc. Decision on Termination of Trust Contract for Acquisition of Treasury Stock
Original title (Korean): 주요사항보고서(자기주식취득신탁계약해지결정)
AI Summary
Original filing ↓KB Financial Group Decides to Terminate KRW 400 billion Treasury Stock Acquisition Trust Contract
- KB Financial Group decided to terminate a treasury stock acquisition trust contract worth KRW 400 billion.
- The scheduled termination date is Mar 4, 2025, due to the expiration of the contract period.
- The company plans to acquire 4,575,874 common shares after termination.
- The acquired shares are planned to be held in the corporate account until May 15, 2025.
- No separate board resolution is required as the termination is due to the expiration of the trust contract period.
Notes The scheduled cancellation date may change depending on consultations with relevant authorities.
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=20250304000411
DART receipt no. 20250304000411