Woori Financial (NYSE: WF) plans cancel of 8.5M treasury shares

Rhea-AI Filing Summary

Woori Financial Group Inc. reports that its trust agreement for acquiring treasury shares has ended as the contract period expired on September 11, 2025. The trust, originally established on February 11, 2025, had a total contract amount of KRW 150,000,000,000, which is now reduced to 0 following termination.

Upon termination, Woori Financial Group will receive cash and treasury shares from KIWOOM Securities Co., Ltd. and expects to hold the common shares for less than one month. The company identifies 8,515,181 common shares, representing 1.1%, as the number of shares to be terminated. These treasury shares will be transferred to Woori Financial Group’s corporate account and then cancelled, with the brief holding period reflecting the time needed to complete the cancellation process.

Insights

Equity capital structure analyst

Woori ends KRW 150B buyback trust and plans prompt share cancellation.

Woori Financial Group has allowed its treasury share acquisition trust with KIWOOM Securities to expire on September 11, 2025. The trust had a total contract amount of KRW 150,000,000,000, and its termination means the company now directly receives the associated cash and treasury shares.

The company identifies 8,515,181 common shares, or 1.1%, as the number of shares acquired upon termination and earmarked for cancellation. These shares will first move into Woori’s corporate account, with an expected holding period of less than one month after the trust ends, reflecting the operational time needed to complete the cancellation.

From a capital-structure perspective, cancelling over eight million shares modestly reduces the share count and reflects execution of a previously disclosed buyback framework. The overall effect for shareholders will depend on how this cancellation fits within Woori’s broader capital management and any future programs described in subsequent disclosures.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-31811

Woori Financial Group Inc.

(Translation of registrant’s name into English)

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

Termination of Trust Agreement for Acquisition of Treasury Shares

On September 11, 2025, Woori Financial Group Inc. (“Woori Financial Group”) announced that the trust agreement it had entered into on February 11, 2025 to acquire treasury shares (the “Trust Agreement”), as had been previously disclosed through its report on Form 6-K furnished on February 7, 2025, has been terminated following the expiration of the contract period on September 11, 2025. The details of the termination are as follows:

Total Contract Amount		Before Termination				KRW 150,000,000,000
		After Termination				0
Contract Period (Before Termination)		Effective Date				February 11, 2025
		Termination Date				September 11, 2025
Reason for Termination						Expiration of the term of the agreement
Counterparty Subject to Contract Termination						KIWOOM Securities Co., Ltd.
Expected Date of Termination						September 11, 2025
Method of Return of Properties upon Termination						Return of cash and treasury shares
Number of Treasury Shares Held Prior to Termination		Acquisition from Profits Available for Dividend		Common Shares (percentage)		8,515,181 (1.1%)
				Other Shares		-
		Other Acquisitions		Common Shares (percentage)		53,945 (0.0%)
				Other Shares		-
Date of Resolution by the Board of Directors						-
Number of shares to be terminated				Common Shares		8,515,181
				Other Shares		-
Expected holding period after termination				Common Shares		Less than one month after the termination of the trust agreement
				Other Shares		-
Other Matters to Consider Before Making an Investment Decision						- Pursuant to Article 176-2 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act of Korea, no separate resolution of the board of directors is required as the trust agreement is being terminated upon the expiration of the term of the agreement. - The “Number of shares to be terminated” above is the number of shares acquired upon termination of the trust agreement. - Following the termination of the Trust Agreement, the treasury shares will be delivered to the corporate account of Woori Financial Group and then subsequently cancelled. - The “Expected holding period after termination” above reflects the time required to complete the share cancellation process.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				Woori Financial Group Inc.
				(Registrant)
Date: September 11, 2025				By:		/s/ Sung-Wook Lee
				(Signature)
				Name: Sung-Wook Lee
				Title:  Deputy President

FAQ

What did Woori Financial Group (WF) disclose in this Form 6-K?

Woori Financial Group Inc. disclosed that its trust agreement entered on February 11, 2025 to acquire treasury shares has been terminated upon expiration of the contract period on September 11, 2025, and that the related treasury shares will be received and then cancelled.

What was the total contract amount of Woori Financial Groups treasury share trust?

The total contract amount of the treasury share trust before termination was KRW 150,000,000,000, which is now reduced to 0 after termination.

How many Woori Financial Group shares are scheduled to be cancelled after the trust termination?

Woori Financial Group states that the number of shares to be terminated is 8,515,181 common shares, which were acquired upon termination of the trust agreement and will be cancelled after transfer to the corporate account.

What is the expected holding period for Woori Financial Groups treasury shares after the trust ends?

The company expects the holding period for the common treasury shares to be less than one month after the termination of the trust agreement, reflecting the time required to complete the share cancellation process.

Did Woori Financial Group require a new board resolution to terminate the trust agreement?

No. The disclosure states that under Article 176-2 of the Enforcement Decree of the Financial Investment Services and Capital Markets Act of Korea, no separate board resolution is required because the trust is being terminated upon the expiration of its term.

Who was the counterparty to Woori Financial Groups treasury share trust and how will assets be returned?

The counterparty to the trust agreement was KIWOOM Securities Co., Ltd., and upon termination, properties will be returned in the form of cash and treasury shares to Woori Financial Group.