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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] SEOUL, June 5 — The National Pension Service (NPS) has slightly increased its ownership in Hana Financial Group despite reducing its shareholdings.
According to a regulatory filing, the NPS cut its holdings by about 53,000 shares to 24.14 million shares as of June 4. However, its ownership ratio rose to 8.80% from 8.69%.
The increase in stake is believed to reflect a reduction in the total number of outstanding shares, possibly due to treasury share cancellations, rather than additional purchases.
The NPS remains the largest shareholder of Hana Financial Group, with all holdings in common shares.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
https://www.alphabiz.co.kr/news/view/1065610344167395
This article is based on global economic content from Alphabiz, which distributes English-language news on Korean markets and companies to international audiences.
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