The board resolved on 23 July to spend 700bn won buying its own shares on the open market and then destroy every one of them. At the previous day's close of 175,100 won that works out to an estimated 3,997,715 shares, about 1.1% of the 354,687,734 shares issued, and roughly 1.2% of market capitalisation. Purchases run from 24 July to 16 December through Samsung Securities, and the final share count will differ from the estimate because it depends on the price paid. Two details matter. The filing states the acquired shares will be cancelled in full — not held in treasury, where Korean companies have historically parked repurchases and later reissued them. And because the cancellation is made under the proviso to Article 343(1) of the Commercial Act, out of distributable profit, the number of issued shares falls while paid-in capital does not. KB has said it will direct capital above a 13.5% CET1 ratio to shareholder returns; the ratio stood at 13.74% at the end of June, which is what funds this.
KB's board declared its regular quarterly cash dividend at 1,155 won per common share, with a record date of 7 August 2026. The 405.5bn won total is calculated on 351,106,111 shares, and the filing warns that the aggregate will change because the buyback resolved the same day keeps retiring shares up to the record date. The per-share amount is fixed; the total is an estimate. The 0.7% figure in the filing is a Korean disclosure convention — the dividend divided by the average close over the week before the resolution, for this quarter alone. It is not an annual yield. Annualising the 1,155 won rate against the 166,600 won close gives roughly 2.77% before tax. For a US holder of the NYSE ADR, Korea withholds on that at a treaty-capped 15%, leaving about 2.36%. The buyback declared alongside it carries no such withholding.
| Symbol | Last Price |
|---|---|
| 055550Shinhan Financial Group Co., Ltd. | ₩110,300 -3.7% |
| 086790Hana Financial Group Inc. | ₩134,300 -3.7% |
| 316140Woori Financial Group Inc. | ₩33,200 -4.2% |
| 138040Meritz Financial Group Inc. | ₩135,500 -1.0% |
| 024110Industrial Bank of Korea | ₩20,700 -2.1% |
| 323410KakaoBank Corp. | ₩21,950 +0.7% |
| 279570Kbank | ₩5,600 +0.5% |