STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Woori Financial Group Inc. reported an updated resolution to cancel a portion of its treasury shares. The board approved the retirement of 8,515,181 common shares, with an estimated value of KRW 149,999,949,975. The scheduled date for this cancellation is September 19, 2025.

Cancelling treasury shares permanently removes them from circulation, which reduces the total number of shares outstanding and can increase each remaining share’s ownership stake. The update confirms that, aside from these details, the key terms remain the same as those described in the company’s earlier disclosure. The report is signed on behalf of Woori Financial Group by Deputy President Sung-Wook Lee.

Positive

  • None.

Negative

  • None.
 
 

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 ☐

 

 
 


Update on Resolution for Cancellation of Treasury Shares

On September 11, 2025, Woori Financial Group Inc. (“Woori Financial Group”) updated its previous disclosure made on its Form 6-K furnished on February 7, 2025 (the “Original Report”) regarding the resolution made by the board of directors of Woori Financial Group to cancel certain of its treasury shares. Except as disclosed below, the key details remain the same as were previously disclosed in the Original Report.

 

     
1. Class and number of shares to be retired   Common stock    8,515,181
 

 

Different classes of stocks

   -
   
4. Estimated amount of shares to be cancelled (KRW)    149,999,949,975
   
7. Scheduled date of cancellation    9/19/2025

Other Considerations:

 

   

The item “4. Estimated amount of shares to be cancelled (KRW)” above is calculated based on the actual acquisition price.

 

   

The item “7. Scheduled date of cancellation” above is subject to change following discussions with related agencies.


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) announce in this Form 6-K?

Woori Financial Group Inc. updated its earlier disclosure about a board resolution to cancel certain treasury shares, confirming the class, amount, value, and date of cancellation.

How many Woori Financial Group shares will be cancelled?

The company plans to cancel 8,515,181 shares of its common stock as part of this treasury share retirement.

What is the estimated value of the Woori Financial Group shares being cancelled?

The estimated amount of the shares to be cancelled is KRW 149,999,949,975, according to the disclosure.

When is the Woori Financial Group share cancellation scheduled to take effect?

The scheduled date of cancellation for the treasury shares is September 19, 2025.

What does cancelling treasury shares mean for Woori Financial Group shareholders?

Cancelling treasury shares removes them permanently, which reduces the total share count and can increase the ownership percentage represented by each remaining share.

Who signed this Woori Financial Group Form 6-K update?

The report was signed on behalf of Woori Financial Group Inc. by Sung-Wook Lee, who is identified as a Deputy President.

Does this update change the previously disclosed terms of the share cancellation?

The company states that, except for the updated details provided, the key terms remain the same as those disclosed in the original February 7, 2025 report.
Woori Financial Group

NYSE:WF

WF Rankings

WF Latest News

WF Latest SEC Filings

WF Stock Data

15.54B
244.67M
2.96%
0.04%
Banks - Regional
Financial Services
Link
South Korea
Seoul