Woori Financial (WF) launches KRW 200B treasury share buyback via trust
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.
Positive
- None.
Negative
- None.
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
The limitation on treasury share acquisitions under Korean rules is listed at