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 ☐
Results of Acquisition of Treasury Shares
On April 14, 2025, KB Financial Group Inc. (“KB Financial Group”) announced that the share buyback program it commenced on February 6, 2025, which was previously announced on a Form 6-K dated February 5, 2025, has been completed. The details of the results of such share buyback program are as follows:
Acquisition period(1) | From | February 6, 2025 | ||
To | April 10, 2025 | |||
Type and number of shares acquired | Common shares | 6,401,349 shares | ||
Other shares | — | |||
Average acquisition price per share | KRW 81,233 | |||
Total acquisition amount | KRW 519,999,973,900 | |||
Total number of treasury shares held by KB Financial Group following the acquisition(2) |
26,329,053 common shares (6.7% of the total number of shares issued) |
Note (1): | “Acquisition Period” is based on the date of each trade execution of share acquisition, whereas the acquisition completion (settlement) date of each share acquisition is the second business day following the date of the trade execution date, referred to as “T+2”. Accordingly, the final completion date of the share buyback program is April 14, 2025. |
(2): | “The total number of treasury shares held by KB Financial Group following the acquisition” consists of (i) 18,838,607 shares previously held by KB Financial Group, (ii) 6,401,349 shares newly acquired hereby pursuant to this share buyback program and (iii) 1,089,097 shares held under a trust agreement as disclosed in the Form 6-K dated October 24, 2024. |
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. |
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(Registrant) | ||||||
Date: April 14, 2025 | By: | /s/ Sang Rok Na |
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(Signature) | ||||||
Name: Sang Rok Na | ||||||
Title: Managing Director and Chief Financial Officer |