Shinhan Financial Group to Repurchase KRW700 Billion Shares

MT Newswires Live

07/23

Shinhan Financial Group (KRX:055550) plans to buy back 6.7 million common shares worth 700 billion won to enhance shareholder value, according to a bourse filing on Thursday.

The share repurchase will take place from July 31 to Oct. 22, the filing said.

Shares of Shinhan Financial Group fell nearly 1% at market close.

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