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Kb Financial Group to Burn 1.2 Trillion Won of Treasury Shares to "Enhance Shareholder Value"
Summary by ddaily.co.kr
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[Digital Daily Reporter Lee Ho-yeon] KB Financial Group announced on the 23rd that it will cancel over 1 trillion won worth of treasury stock and complete the change in listing on the Korea Exchange by the end of this month. The 8.61 million treasury shares canceled this time are worth approximately 1.2 trillion won based on the previous day's closing price (134,700 won), representing 2.3% of the total issued shares. KB Financial Group also canc…
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