Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Shinhan Financial Group Co ( (SHG) ) has shared an update.
On April 28, 2025, Shinhan Financial Group announced the termination of a trust agreement established on October 28, 2024, for acquiring treasury shares. The termination, which does not require a board resolution due to the expiration of the agreement’s term, resulted in the acquisition of 7,603,260 treasury shares, now held in the company’s corporate account. This move impacts the company’s treasury stock holdings, which now total 14,903,260 shares, representing 2.96% of the total shares issued.
Spark’s Take on SHG Stock
According to Spark, TipRanks’ AI Analyst, SHG is a Neutral.
Shinhan Financial Group’s stock is moderately attractive, supported by stable financial performance and strong technical indicators. However, liquidity challenges and moderate leverage pose potential risks. The stock’s low valuation and healthy dividend yield enhance its appeal, particularly for value investors. Investors should be mindful of cash flow issues and the possibility of overbought conditions in the short term.
To see Spark’s full report on SHG stock, click here.
More about Shinhan Financial Group Co
Shinhan Financial Group Co., Ltd. is a prominent financial services company based in Seoul, Korea. It operates in the financial industry, providing a wide range of services including banking, insurance, and investment management. The company focuses on delivering comprehensive financial solutions to its clients, maintaining a strong presence in the Korean market.
YTD Price Performance: 5.90%
Average Trading Volume: 282,874
Technical Sentiment Signal: Sell
Current Market Cap: $18.01B
For a thorough assessment of SHG stock, go to TipRanks’ Stock Analysis page.