Hana Financial Group to Acquire Additional Shares of Hana Insurance for 200 Billion Won

Hana Financial Group announced on the 14th that it will acquire an additional 40 million shares of its non-life insurance subsidiary, Hana Insurance, for 200 billion won.

After the acquisition, Hana Financial Group's ownership stake in Hana Insurance will become 100%. The scheduled date for the share acquisition is the 17th of this month.

Hana Financial Group explained that the purpose of this acquisition is to "enhance the profit structure and secure a foundation for growth."