Kb Financial Group (KB) has released an update.
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KB Financial Group Inc. has announced an update to its previous disclosure regarding the cancellation of 5,584,514 common treasury shares, initially reported on July 25, 2023. The cancellation is estimated to be worth KRW 299,999,992,500 and is scheduled to take place on August 14, 2024. This strategic move is expected to impact shareholders and the market as the company adjusts its capital structure.
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