6-K 1 form-6k-250623.htm 6-K 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

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FORM 6-K

 

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REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of June 2025

 

Commission File Number: 001-31798

 

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SHINHAN FINANCIAL GROUP CO., LTD.

(Translation of registrant's name into English)

 

 

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20, Sejong-daero 9-gil, Jung-gu, Seoul 04513, Korea
(Address of principal executive offices)

 

 

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

 


Termination of Trust Agreement for Acquisition of Treasury Shares

 

Shinhan Financial Group (hereafter SFG) announced on June 23, 2025 that Board of directors have decided to terminate the trust agreement SFG had entered into on February 6, 2025 to acquire treasury shares. The number of treasury shares acquired upon termination of the trust agreement is 10,347,131 which will be kept in Shinhan Financial Group’s corporate account. Before the termination of this trust agreement, the total number of treasury shares that SFG holds is 10,347,131, 2.1% of the total number of shares issued.

Total Contract Amount

Before Termination

500,000,000,000

After Termination

0

Contract Period
(Before Termination)

Effective Date

February 7, 2025

Termination Date

August 6, 2025

Reason for Termination

 Early termination of the trust agreement upon completion of the planned share buyback

Counterparty

NH Investment & Securities

Scheduled Termination Date

June 23, 2025

Method of Return of Trust Properties upon Termination

Return of cash and treasury shares

Number of Treasury Shares Held Prior to Termination

Acquisitions from Profits Available for Dividend*

Common Shares
(Percentage)

10,347,131 (2.1%)

Other Shares

-

Other Acquisitions**

Common Shares
(Percentage)

1 (0.0%)

Other Shares

-

Date of Resolution by the Board of Directors

-

* The ‘Number of treasury shares held prior to termination – other Acquisitions’ are fractional shares acquired during the comprehensive stock exchange process (Orange Life, Neoplux, etc.) pursuant to Article 341-2(Acquisition of treasury stocks for a specific purpose) of the Korean Commercial Act

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

 

 

 

 

Shinhan Financial Group Co., Ltd.

 

(Registrant)

 

 

 

    Date: June 23, 2025

 

By:

/s/ CHUN Sang Yung

 

 

 

 

 

 

Name: CHUN Sang Yung

 

 

Title: Chief Financial Officer