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 ☐
Update on Resolution for Cancellation of Treasury Shares
On April 30, 2025, KB Financial Group Inc. (“KB Financial Group”) updated its previous disclosure made on its Form 6-K furnished on October 24, 2024 (the “Original Report”) regarding the resolution made by the board of directors of KB Financial Group to cancel certain of its treasury shares. Except as disclosed below, the key details remain the same as were previously disclosed in the Original Report:
| Type and Number of Shares to be Cancelled | Common Shares | 1,089,097 Shares | ||
| Other Shares | — | |||
| Estimated Amount of Shares to be Cancelled | KRW 99,999,953,000 | |||
| Scheduled Date of Cancellation | May 15, 2025 | |||
| Other Material Information for an Investment Decision |
• Legal basis for the cancellation of treasury shares: Article 343-1 of the Commercial Code of Korea.
• The cancellation of these shares constitutes the cancellation of treasury shares acquired pursuant to a resolution of the board of directors, within the limits of profits available for the payment of dividends. As such, the total number of issued shares (common shares) will decrease, but there will be no reduction in the paid-in capital of KB Financial Group.
• The “Estimated Amount of Shares to be Cancelled” above is calculated based on the book value of the shares to be cancelled as of the date of this report.
• The “Scheduled Date of Share Cancellation” above is subject to change based on the outcome of consultations with the relevant authorities. | |||
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. | ||||||
| (Registrant) | ||||||
| Date: April 30, 2025 | By: | /s/ Sang Rok Na | ||||
| (Signature) | ||||||
| Name: Sang Rok Na | ||||||
| Title: Managing Director and Chief Financial Officer | ||||||