KB Financial Group Inc. (KOSE:A105560) announces a share repurchase program. Under the program, the company will repurchase up to 4,222,378 shares. The purpose of the program is stock burn.
The program will expire on April 20, 2026. As of February 5, 2026, the company had 14,262,733 shares in treasury within the scope available for dividend and no shares in treasury through other repurchase. shares in treasury.
KB Financial Group Inc is a Korean-based company principally engaged in the financial business. The Company operates its business through six segments. The Banking segment consists of retail banking services provided by Kookmin Bank. This segment is engaged in the lending and receiving of large corporations, small and medium-sized businesses, SOHO and household customers, the investment of securities and derivatives, and financing, among others. The Credit Card segment operates credit sales, cash advances and card loans, among others. The Securities segment is engaged in the trading, consignment and acquisition of securities. The Non-life Insurance segment is engaged in the non-life insurance. The Life Insurance segment is engaged in the life insurance. The other segment is engaged in the maintenance of computer-related equipment and systems, the investigation of credit and the collection of debt, among others.
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