Business Context and Reporting Period
Company: Shinhan Financial Group Co., Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Date: April 28, 2025
Subject: Termination of Trust Agreement for Acquisition of Treasury Shares
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on treasury share transactions.
| Metric | Value |
|---|---|
| Total Treasury Shares Held (Pre-Termination) | 14,903,260 (2.96% of issued shares) |
| Treasury Shares Acquired Under Terminated Agreement | 7,603,260 |
| Total Contract Amount (Pre-Termination) | 400,000,000,000 KRW |
| Total Contract Amount (Post-Termination) | 0 KRW |
| Counterparty | NH Investment & Securities |
Material Changes
- Agreement Termination: The trust agreement entered into on October 28, 2024, was terminated on April 27, 2025, due to the expiration of its term.
- Share Status: The 7,603,260 shares acquired under this specific agreement are now held in Shinhan Financial Group's corporate account.
- Board Action: No separate board resolution was required for termination as it occurred upon the natural expiration of the agreement term.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies beyond the administrative termination of the share acquisition trust.
Investor Verification Checklist
- Verify the total number of treasury shares held (14,903,260) includes shares from a separate trust agreement disclosed on February 6, 2025 (7,300,000 shares).
- Confirm the 400 billion KRW contract amount represents the total authorized limit for the terminated agreement.
- Note that 1 fractional share is held under "Other Acquisitions" related to stock exchange processes (e.g., Orange Life, Neoplux).