Shinhan Financial Group Co., Ltd. filed a Form 6-K on November 13, 2026, disclosing that its largest shareholder, Korea's National Pension Service, reduced its common share ownership between September 30, 2026 and November 3, 2026.

Key Highlights

  • Largest shareholder: Korea's National Pension Service (NPS) is identified as the largest shareholder of Shinhan Financial Group Co., Ltd.
  • Prior holding: NPS held 43,476,040 common shares, representing 9.26%, as of September 30, 2026.
  • Updated holding: NPS held 43,166,910 common shares, representing 9.20%, as of November 3, 2026.
  • Share decrease: The number of shares held by NPS declined by 309,130 shares between the two reference dates.
  • Disclosure basis: The figures are based on the results of a shareholder registry closing as of November 3, 2026.

Shinhan Financial Group Reports NPS Ownership Change Following Registry Closing

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Shinhan Financial Group Co., Ltd. (Commission File Number: 001-31798) reported a change in the shareholding of its largest shareholder. The filing was submitted on November 13, 2026, and covers activity for the month of November 2026. The company is listed as a foreign private issuer filing annual reports under Form 20-F.

The filing disclosed that Korea's National Pension Service reduced its position in Shinhan Financial Group's common stock from 43,476,040 shares, or 9.26% of outstanding common stock, as of September 30, 2026, to 43,166,910 shares, or 9.20%, as of November 3, 2026. The company attributed the disclosure to the results of a shareholder registry closing as of November 3, 2026. The report was signed by JANG Jeong Hoon, Chief Financial Officer of Shinhan Financial Group Co., Ltd.

The filing does not specify the reason for the reduction in NPS's share count or provide any additional context regarding transactions that may have led to the change. The disclosure reflects the company's obligation to report changes in the holdings of its principal shareholders as a foreign private issuer registered with the SEC.

What Was Disclosed

Shinhan Financial Group reported via a Form 6-K that the National Pension Service of Korea, its largest shareholder, decreased its common share stake from 9.26% (43,476,040 shares) to 9.20% (43,166,910 shares) based on a November 3, 2026 shareholder registry closing.