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Woori Financial (WF) launches KRW 200B treasury share buyback via trust

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

Rhea-AI Filing Summary

Woori Financial Group Inc. plans to acquire additional treasury shares through a trust agreement with EUGENE INVESTMENT & SECURITIES Co., Ltd. The board approved a total contract amount of KRW 200,000,000,000, with the contract period running from February 10, 2026 to June 10, 2026.

The stated goal is to enhance shareholder return and improve corporate value by buying back its own shares. As of February 6, 2026, Woori Financial held 53,945 treasury shares, representing 0.01% of its shares. The limitation on the acquisition amount of treasury shares, calculated under the Korean Commercial Code as of December 31, 2024, is KRW 6,773,605 million, indicating significant legal capacity for future repurchases beyond this specific contract.

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Insights

Woori sets a KRW 200B buyback trust to support shareholder returns.

Woori Financial Group has authorized a treasury share acquisition program via a trust with EUGENE INVESTMENT & SECURITIES, capped at KRW 200,000,000,000 between February 10, 2026 and June 10, 2026. The board explicitly links the move to enhancing shareholder return and corporate value.

The limitation on treasury share acquisitions under Korean rules is listed at KRW 6,773,605 million, based on an upper profit limit of KRW 7,968,208 million as of December 31, 2024. This suggests ample headroom relative to the current trust size, though the actual impact will depend on execution prices and subsequent capital management decisions disclosed in future filings.

 
 

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 February 2026

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 ☐

 

 
 


Resolution to Enter into a Trust Agreement for Acquisition of Treasury Shares

On February 6, 2026, the board of directors of Woori Financial Group Inc. resolved to enter into a trust agreement to acquire treasury shares. The details are as follows :

1. Total contract amount : KRW 200,000,000,000

2. Contract period : February 10, 2026 – June 10, 2026

3. Purpose of acquisition : To enhance shareholder return and improve corporate value through the acquisition of treasury shares

4. Contracting party : EUGENE INVESTMENT & SECURITIES Co., Ltd.

5. Expected date of agreement : February 10, 2026

6. Number of treasury shares as of February 6, 2026 : 53,945 shares (0.01%)

7. Date of resolution by the board of directors : February 6, 2026

8. Brokerage company appointed for the share acquisition :

EUGENE INVESTMENT & SECURITIES Co., Ltd.

9. Limitation on the acquisition amount of treasury shares as of February 6, 2026 :

 

Item

   Amount
(Unit : KRW million)
 

1. Upper limit of profit available for dividends in accordance with the Korean Commercial Code Note1)

     7,968,208  

2. Amount of treasury shares acquired since the end of the previous fiscal year

     150,000  

3. Dividends and related earnings surplus reserves resolved at the annual general shareholders’ meeting held after the end of the previous fiscal year

     603,567  

4. Quarterly/interim dividends and related earnings surplus reserves resolved at the meeting of the board of directors after the end of the previous fiscal year

     441,036  

5. Contract amount of the trust agreement for acquisition of treasury shares

     —   

6. Amount of treasury shares disposed since the end of the previous fiscal year (based on the moving average method applied to the acquisition cost)

     —   

Limitation on the acquisition amount of treasury shares (1-2-3-4-5+6)

     6,773,605  

Note1) As of December 31, 2024, as the financial statements for fiscal year 2025 have not been finalized yet.


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: February 6, 2026     By:   /s/ Seong Min Kwak
   

(Signature)

    Name: Seong Min Kwak
    Title: Deputy President

FAQ

What did Woori Financial Group (WF) announce in its February 2026 Form 6-K?

Woori Financial Group announced board approval of a trust agreement to acquire treasury shares. The contract totals KRW 200,000,000,000 and runs from February 10, 2026 to June 10, 2026, aiming to enhance shareholder return and improve corporate value.

How large is Woori Financial Group’s new treasury share buyback commitment?

The new treasury share acquisition commitment is set at KRW 200,000,000,000. This amount will be deployed through a trust agreement with EUGENE INVESTMENT & SECURITIES Co., Ltd. over a four-month period, subject to market conditions and applicable Korean legal limits.

What is the purpose of Woori Financial Group (WF) buying back treasury shares?

The stated purpose is to enhance shareholder return and improve corporate value. By repurchasing its own shares, Woori Financial can reduce the number of shares in the market, which may support metrics like earnings per share and signal confidence in its financial position.

Who is Woori Financial Group’s contracting party for the treasury share trust?

The contracting party is EUGENE INVESTMENT & SECURITIES Co., Ltd. This firm is appointed as both the contracting counterparty and the brokerage company for executing the share acquisitions under the trust, with the expected agreement date of February 10, 2026.

How many treasury shares does Woori Financial Group already hold?

As of February 6, 2026, Woori Financial Group held 53,945 treasury shares, representing 0.01% of its shares. This new KRW 200,000,000,000 trust program is intended to increase that treasury share position over the February to June 2026 acquisition window.

What is the legal limitation on Woori Financial Group’s treasury share acquisitions?

The limitation on the acquisition amount of treasury shares is KRW 6,773,605 million. This figure is derived from profits available for dividends under the Korean Commercial Code, using an upper limit of KRW 7,968,208 million based on financial statements as of December 31, 2024.
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