20, Sejong-daero 9-gil, Jung-gu, Seoul 04513, Korea (Address of principal executive offices)
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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
Announcement on Cancellation of Shares
On October 27, 2026, the board of directors of Shinhan Financial Group Co., Ltd. (hereafter “SFG”) resolved to cancel the treasury shares to be acquired.
1. Class and Number of Shares to be Cancelled
Common shares
5,263,157
Preferred shares
-
2. Total Number of Shares Issued
Common shares
469,450,239
Preferred shares
-
3. Face Value per Share
KRW 5,000
4. Estimated Amount to be Cancelled
KRW 450,000,000,000
5. Scheduled Period of Acquisition of Treasury Shares for Cancellation
From
October 28, 2026
To
January 26, 2027
6. Acquisition Method of Treasury Shares to be Cancelled
Purchase on the stock exchange(KRX)
7. Scheduled Date of Cancellation
To be determined
8. Date of resolution by the board of directors
October 27, 2026
9. Other considerations:
•
The cancellation of treasury shares resolved by the Board of Directors today, which are to be acquired within the limits of profits available for dividends, constitutes a share cancellation pursuant to Paragraph 1 of Article 343 of the Korean Commercial Code. While the number of shares issued will decrease, the total capital amount will not change due to the share cancellation. For detailed information regarding acquisition of the treasury shares, please refer to another Form 6-K announcement of SFG in respect of treasury shares acquisition made on the date hereof.
•
The above ‘1.Class and Number of Shares to be Cancelled’ represents the number of shares calculated by dividing the above ‘4.Estimated Amount to be Cancelled’ by the closing price of common shares of SFG as of the day prior to the resolution of the board of directors (October 26, 2026: KRW 85,500). The actual number of shares to be cancelled and cancellation amount may vary depending on changes in the share price during the acquisition period. SFG will disclose the final number of shares to be cancelled in a Form 6-K/A filing prior to the cancellation.
•
SFG plans to cancel the treasury shares following the completion of the acquisition of the treasury shares.
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.