Finance
KB Financial to cancel 8.61 million treasury shares worth 1.2 trillion won
KB Financial Group said it cancelled 8.61 million treasury shares and will complete a change listing on the Korea Exchange by the end of this month. The shares, bought after a cancellation in May last year, were worth about 1.2 trillion won based on the previous day’s close and accounted for 2.3 percent of outstanding shares. It said the move is part of its shareholder return policy, alongside higher dividends and continued buybacks and cancellations.
