Shinhan Financial Group said its board decided to cancel 5,263,157 treasury shares.

Shinhan Financial Group disclosed that its board decided on October 27, 2026 to cancel 5,263,157 treasury shares. The planned cancellation amount is KRW 450 billion. The company said it will acquire treasury shares through open-market purchases from October 28, 2026 to January 26, 2027 and cancel all of them. The company said the actual number of shares and amount to be cancelled may change with share price movements, and added that it will disclose the exact number of shares through a corrected filing before the cancellation.

1. 01

   The shares to be cancelled are treasury shares to be acquired through open-market purchases, and Shinhan Investment Corp. is the brokerage firm entrusted with the acquisition.

2. 02

   The company said it plans to cancel all of the treasury shares it acquires after the acquisition is complete. The filing does not state a scheduled cancellation date.

3. 03

   The number of shares to be cancelled was calculated based on the closing price of KRW 85,500 on the day before the board resolution date (as of October 26, 2026). The actual number of shares and amount may change depending on share price movements.

4. 04

   The cancellation is based on the proviso to Article 343, Paragraph 1 of the Commercial Act. The total number of issued common shares will decrease, but the capital stock will not decrease.

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

Number of common shares to be cancelled

5,263,157

Planned cancellation amount (KRW)

450,000,000,000

Value per share (KRW)

5,000

Planned treasury share acquisition period

October 28, 2026 ~ January 26, 2027

Total issued shares (common, shares)

469,450,239

Filing facts

Filing type

Share Cancellation

Report name

Decision on Share Cancellation

Filed

Oct 27, 2026

Receipt number

20261027800252