Shinhan Financial Group Co., Ltd. filed a Form 6-K on October 27, 2026, disclosing that its board of directors resolved to acquire up to 5,263,157 common shares for an estimated KRW 450,000,000,000 through a treasury share buyback program scheduled to run from October 28, 2026 through January 26, 2027.

Key Highlights

  • Shares to be acquired: 5,263,157 common shares, calculated by dividing KRW 450,000,000,000 by the October 26, 2026 closing price of KRW 85,500 per share.
  • Estimated acquisition amount: KRW 450,000,000,000, with approximately KRW 200 billion expected on or before December 31, 2026, and approximately KRW 250 billion during January 2027.
  • Acquisition period: October 28, 2026 to January 26, 2027, via purchase on the Korea Exchange (KRX) through Shinhan Securities Co., Ltd.
  • Purpose: According to the filing, the acquisition is intended "to enhance shareholder return and increase corporate value through the acquisition and cancellation of treasury shares."
  • Daily buying limit: 526,315 shares per day, representing 10% of the total shares to be acquired under this announcement.
  • Existing treasury holdings: As of October 27, 2026, the company held 6,538,515 shares acquired under a July 23, 2026 board resolution, plus 1 fractional share, all intended for cancellation.
  • Remaining acquisition capacity: The filing states the limitation on the acquisition price of treasury shares stands at KRW 1,268,885,682,642 as of the resolution date.

Shinhan Financial Group's October 2026 Treasury Share Acquisition Details

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, the board of directors of Shinhan Financial Group Co., Ltd. (NYSE:SHG) resolved on October 27, 2026, to acquire treasury shares within the profits available for dividend under Korean law. The company disclosed that the share count of 5,263,157 was derived by dividing the planned acquisition amount of KRW 450 billion by the closing price of KRW 85,500 per common share recorded on October 26, 2026, and that "the actual number and amount of shares to be acquired are subject to change depending on future changes in share price."

The filing states that the decision is made in accordance with the company's "2026 Corporate Value-Up Plan disclosed on April 12, 2026." All treasury shares acquired under this resolution, as well as the 6,538,515 shares and 1 fractional share already held as of October 27, 2026, are intended to be cancelled following completion of the acquisition period. The entrusted brokerage for the purchases is Shinhan Securities Co., Ltd., and acquisitions will be conducted on the KRX stock exchange.

The filing also discloses a table showing the upper limit of profits available for dividends under the Korean Commercial Code as of the end of the previous fiscal year was KRW 4,125,086,052,382. After accounting for previously acquired treasury shares, dividends, earned profit reserves, and interim dividends resolved after the previous fiscal year end, the remaining limitation on the acquisition price of treasury shares is KRW 1,268,885,682,642. The filing notes that the estimated holding period "may change depending on the financial conditions, market environment, or other business factors," and that the company plans to cancel the acquired shares following completion of the acquisition period. The report was signed by JANG Jeong Hoon, Chief Financial Officer.

What Was Disclosed

Shinhan Financial Group disclosed a board-approved treasury share acquisition of up to 5,263,157 common shares for an estimated KRW 450,000,000,000, to be purchased on the KRX between October 28, 2026 and January 26, 2027, with all acquired shares intended for cancellation.