JB Financial Group Amends Share Cancellation Decision After Completion of Treasury Stock Acquisition

JB Financial Group filed a correction on June 30 regarding its share cancellation decision announced on February 5, following the completion of treasury stock acquisition.
The number of shares to be canceled increased from 1,604,278 to 1,731,760, while the total cancellation amount remains around 45 billion won. Already on February 12, 1,631,017 shares were canceled.
The cancellation is within distributable profits, so capital stock remains unchanged, and total outstanding shares decrease to 188,253,584. This enhances per-share value without dilution for existing shareholders.
[AI Summary]JB Financial Group's amendment to the share cancellation decision is a procedural update after completing treasury stock acquisition, with negligible financial impact. The total cancellation of 1,731,760 shares worth approximately 45 billion won, including those already canceled, is part of capital efficiency and shareholder return policy, positive for long-term shareholder value.