6-K
Shinhan Financial Group Co Ltd (SHG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of June 2025
Commission File Number: 001-31798
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SHINHAN FINANCIAL GROUP CO., LTD.
(Translation of registrant's name into English)
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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
Termination of Trust Agreement for Acquisition of Treasury Shares
Shinhan Financial Group (hereafter SFG) announced on June 23, 2025 that Board of directors have decided to terminate the trust agreement SFG had entered into on February 6, 2025 to acquire treasury shares. The number of treasury shares acquired upon termination of the trust agreement is 10,347,131 which will be kept in Shinhan Financial Group’s corporate account. Before the termination of this trust agreement, the total number of treasury shares that SFG holds is 10,347,131, 2.1% of the total number of shares issued.
| Total Contract Amount | Before Termination | 500,000,000,000 | |
|---|---|---|---|
| After Termination | 0 | ||
| Contract Period <br>(Before Termination) | Effective Date | February 7, 2025 | |
| Termination Date | August 6, 2025 | ||
| Reason for Termination | Early termination of the trust agreement upon completion of the planned share buyback | ||
| Counterparty | NH Investment & Securities | ||
| Scheduled Termination Date | June 23, 2025 | ||
| Method of Return of Trust Properties upon Termination | Return of cash and treasury shares | ||
| Number of Treasury Shares Held Prior to Termination | Acquisitions from Profits Available for Dividend* | Common Shares<br>(Percentage) | 10,347,131 (2.1%) |
| Other Shares | - | ||
| Other Acquisitions** | Common Shares<br>(Percentage) | 1 (0.0%) | |
| Other Shares | - | ||
| Date of Resolution by the Board of Directors | - |
* The ‘Number of treasury shares held prior to termination – other Acquisitions’ are fractional shares acquired during the comprehensive stock exchange process (Orange Life, Neoplux, etc.) pursuant to Article 341-2(Acquisition of treasury stocks for a specific purpose) of the Korean Commercial Act
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.
| Shinhan Financial Group Co., Ltd. | ||
|---|---|---|
| (Registrant) | ||
| Date: June 23, 2025 | By: | /s/ CHUN Sang Yung |
| Name: CHUN Sang Yung | ||
| Title: Chief Financial Officer |