6-K 1 d479803d6k.htm FORM 6-K Form 6-K

 

 

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 March 2023

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  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 


Results of Acquisition of Treasury Shares

On March 29, 2023, KB Financial Group Inc. (“KB Financial Group”) announced that the share buyback program it commenced on February 8, 2023, which was previously announced on a Form 6-K dated February 7, 2023, has been completed. The details of the results of such share buyback program are as follows:

 

 

Acquisition period(1)

   From    February 8, 2023
   To    March 27, 2023
Type and number of shares acquired    Common shares    5,385,996 shares
   Other shares    –  
Average acquisition price per share    KRW 50,454
Total acquisition amount    KRW 271,744,716,850

Total number of treasury shares held by

KB Financial Group following the acquisition

  

24,648,729 common shares

(6.03% of the total number of shares issued)

 

Note (1):

“Acquisition Period” is based on the date of each trade execution of share acquisition, whereas the acquisition completion (settlement) date of each share acquisition is the second day following the date of the trade execution date, referred to as “T+2”. Accordingly, the final completion date of the share buyback program is March 29, 2023.


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: March 29, 2023      

By: /s/ Scott Y. H. Seo

      (Signature)
      Name: Scott Y. H. Seo
      Title: Senior Executive Vice President and Chief Finance Officer