Kb Financial Group (KB) has released an update.
KB Financial Group Inc. has announced its decision to enter into a trust agreement with Samsung Securities Co., Ltd. for the purpose of acquiring treasury shares, with the aim of increasing shareholder returns and corporate value. The contract, valued at KRW 400 billion, will run from August 26, 2024, to March 4, 2025. The move reflects the company’s commitment to utilizing profits for dividends to enhance its financial standing and reward its investors.
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