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KB Financial Group’s Largest Shareholder Increases Stake
Company Announcements

KB Financial Group’s Largest Shareholder Increases Stake

Story Highlights
  • On January 20, 2025, KB Financial reported an increase in shares owned by its largest shareholder.
  • The Korean National Pension Service increased ownership from 8.21% to 8.41%.
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Invest with Confidence:

An announcement from Kb Financial Group ( (KB) ) is now available.

On January 20, 2025, KB Financial Group Inc. announced a change in its largest shareholder’s stake, with the Korean National Pension Service increasing its shareholding from 32,308,082 shares to 33,095,691 shares, representing an increase in ownership from 8.21% to 8.41% of the total shares. This change, based on the shareholder registry as of December 31, 2024, may enhance the Korean National Pension Service’s influence within the company, potentially affecting its strategic decisions and stakeholder dynamics.

More about Kb Financial Group

KB Financial Group Inc. is a leading financial services provider based in Seoul, Korea. It operates within the banking and financial services industry, offering a wide range of products and services, including commercial banking, securities, insurance, and asset management. The company is focused on serving both domestic and international markets.

YTD Price Performance: 7.74%

Average Trading Volume: 186,695

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $22.77B

Learn more about KB stock on TipRanks’ Stock Analysis page.

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