Shinhan Financial Group Finalizes Share Cancellation at 5,204,122 Shares After Trust Contract Completion

Shinhan Financial Group has filed a correction disclosure for its share cancellation decision, reflecting the final number of shares after the trust contract ended.
The number of common shares to be cancelled has been adjusted from 5,537,098 to 5,204,122, with the cancellation scheduled for July 15, 2026.
The cancellation amount is approximately 500 billion KRW, reducing outstanding shares by about 1.1%, which is expected to have a positive effect on per-share value.
[AI Summary]Shinhan Financial Group finalized the cancellation of approximately 1.1% of its outstanding shares after completing the share buyback trust contract. This step concludes a previously announced capital return plan, with limited new market impact but a positive signal for shareholder value.