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Shinhan Financial Group’s Largest Shareholder Increases Stake

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Shinhan Financial Group’s Largest Shareholder Increases Stake

Shinhan Financial Group Co ( (SHG) ) has issued an update.

On March 18, 2025, Shinhan Financial Group Co., Ltd. announced a change in the shareholding of its largest shareholder, Korea’s National Pension Service (NPS). As of February 21, 2025, NPS increased its holdings from 43,164,599 shares to 43,721,951 shares, representing a rise from 8.57% to 8.68% of the company’s common stock. This change reflects a strategic move by NPS, potentially impacting Shinhan Financial Group’s market positioning and shareholder dynamics.

More about Shinhan Financial Group Co

Shinhan Financial Group Co., Ltd. is a prominent financial services company based in Seoul, Korea. It operates in the banking and financial services industry, offering a wide range of products and services including banking, insurance, and investment services. The company primarily focuses on the Korean market, catering to both individual and corporate clients.

YTD Price Performance: -0.37%

Average Trading Volume: 265,317

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $16.47B

For a thorough assessment of SHG stock, go to TipRanks’ Stock Analysis page.

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