Industrial Bank of Korea Industrial Bank of Korea disclosed on October 23, 2026 that it will cancel 2 treasury shares it holds on November 27, 2026.

Industrial Bank of Korea Industrial Bank of Korea disclosed that on October 23, 2026, its board resolved to cancel 2 treasury shares it holds on November 27, 2026. The company said the shares are fractional shares that arose during the transfer of registered name on paper share certificates before the Electronic Securities Act took effect. The expected cancellation amount is KRW 11,420 based on book value, and the company said the planned cancellation date may change depending on consultations with relevant authorities.

1. 01

   The company said the cancellation falls under the proviso of Article 343, Paragraph 1 of the revised Commercial Act, which allows treasury shares to be cancelled by a board resolution without a capital reduction procedure.

2. 02

   The shares to be cancelled are fractional shares arising from the transfer of registered name on paper share certificates before the Electronic Securities Act took effect, totaling 2017 1 shares and 2019 1 shares.

3. 03

   The company said the expected cancellation amount of KRW 11,420 was calculated based on the book value as of the date of the board resolution (KRW 5,710 multiplied by 2 shares).

4. 04

   The company said the planned cancellation date may change depending on consultations with relevant authorities.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Treasury shares to be cancelled (common shares)

2 shares

Total issued shares (common shares)

797,425,869 shares

Par value per share (KRW)

KRW 5,000

Expected cancellation amount (KRW)

KRW 11,420

Planned cancellation date

November 27, 2026

Filing facts

Filing type

Share Cancellation

Report name

Decision on Share Cancellation

Filed

Oct 23, 2026

Receipt number

20261023800699