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Will bank, financial group heads' stock buybacks boost share prices?

The heads of financial groups and banks are rushing to increase holdings of their firms stocks in a collective effort to boost share prices to maximize shareholder returns, market watchers said Friday. Buying back stocks reduces the number of total outstanding issues, raising dividends per share.
Yoon Suk Yeol Yang Jong Hee Yang Jong Hee Yonhap Lee Seung Lyul Kb Financial Group Jb Financial Group

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MAAI BY KTC Partners with J POINT to Enhance Platform Connectivity: Unlocking Redemption Options and Wider Range of Member Privileges

MAAI BY KTC and J POINT, the points system within the Jaymart Group, have joined forces to enhance and expand the ecosystem. This collaboration connects the points platforms, offering a unique experience for members to transfer and exchange points
Nathaphop Thammachat Usanee Laohavaranun Krungthai Card Public Company Jaymart Group Enhance Platform Connectivity Unlocking Redemption Options

Outlook bleak for financial groups due to high interest rates, mutual growth funds

The performance of the country’s top financial groups will deteriorate in 2024, hamstrung by sustained high interest rates and hefty contributions to so-called mutual growth funds set up to help small businesses, market watchers said Friday.
South Korea Soult Ukpyolsi Kim Joo Hyun Yoon Suk Yeol Hang Seng China Enterprises Index Korea Federation Of Banks

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