6-K 1 d943990d6k.htm FORM 6-K Form 6-K
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2025

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea

(Address of principal executive office)

 

 

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

KB Financial Group Inc. (“KB Financial Group”) announced on April 30, 2025 that the trust agreement it had entered into on November 1, 2024 (the “Trust Agreement”) to acquire treasury shares has been terminated.

 

Total Contract Amount (KRW)   

Before Termination

 

   100,000,000,000 
  

After Termination

 

   0 
Contract Period (Before Termination)   

Effective Date

 

  

November 1, 2024

 

  

Termination Date

 

   April 30, 2025

Reason for Termination

 

  

Expiration of the term of the Trust Agreement

 

Counterparty

 

  

Samsung Securities Co., Ltd.

 

Expected Date of Termination

 

  

April 30, 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)

 

   26,429,053 shares (6.72%)
  

Other Shares

 

   -
  

Other Acquisitions

  

Common Shares (percentage)

 

  

-

  

Other Shares

 

  

-

 

Date of Resolution by the Board of Directors

 

  

-

 

Number of Treasury Shares subject to Termination   

Common Shares

 

  

1,089,097 shares

 

  

Other Shares

 

  

-

 

Expected Post-Termination Holding Period   

Common Shares

 

  

From April 30, 2025 to May 15, 2025

 

  

Other Shares

 

  

-

 

Other Matters to Consider Before Making an Investment Decision   

-  Pursuant to Article 176-2 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act of Korea, no separate resolution of the board of directors is required as the Trust Agreement is being terminated upon the expiration of the term of the Trust Agreement.

 

-  The number of treasury shares acquired upon termination of the Trust Agreement is 1,089,097, which will be deposited into KB Financial Group’s corporate account and held from the effective date of termination until May 15, 2025, the scheduled share cancellation date. Such date is subject to change based on the outcome of consultations with the relevant authorities.


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.

 

    KB Financial Group Inc.
    (Registrant)
Date: April 30, 2025     By:   /s/ Sang Rok Na
    (Signature)
    Name: Sang Rok Na
    Title: Managing Director and Chief Financial Officer