8 stories mentioning KRX:055550Updated 9d ago
Every FINWIRES story that references KRX:055550, newest first.
Shinhan Financial Group's (KRX:055550) real estate trust unit, Shinhan Asset Trust, will absorb Shinhan REITs Management, effective Jan. 1, 2027, according to a bourse filing on Thursday.Since both entities are wholly-owned subsidiaries of Shinhan Financial, the combination will involve no new share issuance or consideration payment.The merger by absorption is subject to regulatory and shareholders' approval.
Shinhan Financial Group (KRX:055550) said Wednesday that it has not made any decision on the possible acquisition of Lotte Insurance, issuing clarification to a Korea Economic Daily report that it was pursuing an acquisition deal.The company said it is reviewing several measures to boost the competitiveness of its non-bank business, but no acquisition decision has been finalised yet. The financial holding company said that it will provide an update once details are determined or within three months, according to a Wednesday filing with the Korean Exchange.Shares of Shinhan Financial Group added over 2% in recent trade.
Shinhan Financial (KRX:055550) has confirmed that it is pursuing the acquisition of Lotte Insurance, but no decisions have been finalized, according to a bourse filing on Tuesday.The company, in a response to a recent Korea Economic Daily report, said it is reviewing various measures to enhance its non-bank competitiveness.The response was filed as a follow-up to the company's initial undetermined disclosure on June 29, with a re-disclosure date set for Oct. 27.
Shinhan Financial Group (KRX:055550) plans to buy back 6.7 million common shares worth 700 billion won to enhance shareholder value, according to a bourse filing on Thursday.The share repurchase will take place from July 31 to Oct. 22, the filing said.Shares of Shinhan Financial Group fell nearly 1% at market close.
Shinhan Financial's (KRX:055550) board approved the issuance of up to 270 billion won in domestic unregistered unsecured bail-in contingent capital securities on Thursday to enhance its capital adequacy ratio.The perpetual securities feature a call option exercisable between five and 10 years from issuance, subject to approval from regulators, according to a bourse filing on Thursday.The final issuance amount and interest rates will be determined based on future demand forecasting results within the 400 billion won board-approved limit.The subscription and payment dates, along with the lead underwriter appointment, will be determined later based on market conditions and supervisory authority discussions.
Shinhan Financial Group (KRX:055550) posted second-quarter net income attributable to shareholders of 1.820 trillion won, up 18% from 1.549 trillion won a year earlier, according to a Thursday filing with the Korea Exchange.Sales jumped 7.9% year over year to 25.1 trillion won from 23.2 trillion won.The company declared a Q2 dividend of 740 won per share. The dividend will be paid on Aug. 28 to shareholders as of the record date of July 30.Shares of Shinhan Financial Group fell nearly 1% at market close.
Shinhan Financial Group (KRX:055550) confirmed its review of various measures aimed at improving its non-bank competitiveness, in response to a recent Korea Economic Daily report about its proposed acquisition of Lotte Insurance.According to a Monday filing with the Korean Exchange, the financial services company has not yet made a decision and will disclose further details by July 28.
Shinhan Financial Group (KRX:055550) posted first-quarter net income attributable to shareholders of 1.623 trillion won, up 9% from 1.488 trillion won a year earlier, according to a Thursday filing with the Korea Exchange.Sales jumped 77% year over year to 28.5 trillion won from 16.1 trillion won.
