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Kb Financial Group ( (KB) ) has provided an update.
On February 3, 2025, KB Financial Group announced interim results of its ongoing share buyback programs. The first program began on August 26, 2024, and the second on November 1, 2024, both through trust agreements with Samsung Securities Co., Ltd. As of the announcement date, KB Financial Group had acquired a total of 5,664,971 treasury shares, which represents 1.44% of its total issued shares, at a contracted amount of 500,000 million KRW. This strategic move is part of the company’s efforts to optimize capital structure and enhance shareholder value.
More about Kb Financial Group
KB Financial Group is a prominent financial services company based in Seoul, Korea. It primarily operates in the banking and financial services industry, offering a wide range of services including banking, insurance, and investment management. The company focuses on expanding its market presence and enhancing shareholder value through strategic initiatives such as share buybacks.
YTD Price Performance: 9.87%
Average Trading Volume: 179,549
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $23.04B
For an in-depth examination of KB stock, go to TipRanks’ Stock Analysis page.
