Shinhan Financial (SHG) has released an update.
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Shinhan Financial Group’s board has decided to acquire treasury shares through a trust agreement with NH Investment & Securities Co., Ltd., involving a total contract amount of KRW 300 billion. The acquisition will take place from April 29 to October 28, 2024, following the board’s resolution made on April 26, 2024. The strategic move aims to consolidate the company’s share value and financial stability.
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