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FINWIRES

KB Financial Group to Retire KRW600 Billion Worth of Treasury Shares

-- KB Financial Group (KRX:105560) plans to retire about 3.8 million treasury shares, valued at 600 billion won, according to a Friday filing with the Korea Exchange.

The shares will be retired at a par value of 5,000 won apiece.

Shares of KB Financial Group fell nearly 1% in recent trade.

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