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 March 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 ☐

 

 

 

Update on Resolution for Cancellation of Treasury Shares

On March 4, 2025, KB Financial Group Inc. (“KB Financial Group”) updated its previous disclosure made on its Form 6-K furnished on July 23, 2024 (the “Original Report”) regarding the resolution made by the board of directors of KB Financial Group to cancel certain of its treasury shares. Except as disclosed below, the key details remain the same as were previously disclosed in the Original Report:

 

Type and Number of Shares to be Cancelled		4,575,874 Common Shares
Total Number of Shares Issued		393,528,423 Common Shares
Estimated Amount of Shares to be Cancelled		KRW 399,999,958,000
Scheduled Date of Share Cancellation		May 15, 2025
Other Material Information for an Investment Decision		•  Legal basis for the cancellation of treasury shares: Article 343-1 of the Commercial Code of Korea.   •  The cancellation of these shares constitutes the cancellation of treasury shares acquired pursuant to a resolution of the board of directors, within the limits of profits available for the payment of dividends. As such, the total number of issued shares (common shares) will decrease, but there will be no reduction in the paid-in capital of KB Financial Group.   •  The “Estimated Amount of Shares to be Cancelled” above is calculated based on the book value of the shares to be cancelled as of the date of this report.   •  The above “Scheduled Date of Share Cancellation” 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: March 4, 2025				By:		/s/ Sang Rock Na
				(Signature)
				Name: Sang Rock Na
				Title: Managing Director and Chief Financial Officer