Shinhan Financial plans KRW 450 billion share cancellation
SHG•Shinhan Financial Group resolved to cancel 5,263,157 common shares valued at KRW 450 billion, with open-market repurchases scheduled from October 28, 2026, through January 26, 2027.
1. Repurchase schedule
Shinhan Financial Group plans to repurchase the shares through Shinhan Securities. The estimated cancellation volume is based on the October 26 closing price of KRW 85,500, so the actual number of shares canceled and their value may vary. The cancellation will reduce outstanding common shares without reducing share capital.
