Alpha Generating Opportunities from the Corporate Value Up Disclosures on the KIND System

After the market close on 7 August, KB Financial (105560 KS) announced that it will cancel 9.98 million treasury shares, which represents 2.5% of outstanding shares. This should positively impact KB Financial's share price. At the current price of 81,600 won, this represents 814 billion won. At end of 2023, KB Financial had 24.8 million treasury shares, representing 6.2% of outstanding shares.