STOCK TITAN

Woori Financial (WF) plans 5.99M-share treasury cancellation for June 2026

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Woori Financial Group Inc. filed an update on its plan to cancel part of its treasury shares. The board-approved resolution now specifies the retirement of 5,986,638 common shares, with an estimated value of KRW 199,999,876,475. The cancellation is scheduled to take place on June 18, 2026, with all other key terms consistent with the earlier February 2026 disclosure.

Positive

  • None.

Negative

  • None.
Treasury shares to be cancelled 5,986,638 shares Common stock designated for retirement
Estimated value of cancelled shares KRW 199,999,876,475 Estimated amount for shares to be cancelled
Scheduled cancellation date June 18, 2026 Date the share cancellation is planned to occur
Filing period June 2026 Month covered by the Form 6-K report
treasury shares financial
"resolution made by the board of directors of Woori Financial Group to cancel certain of its treasury shares"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
cancellation of treasury shares financial
"Update on Resolution for Cancellation of Treasury Shares"
board of directors regulatory
"resolution made by the board of directors of Woori Financial Group"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Form 6-K regulatory
"Form 6-K REPORT OF FOREIGN PRIVATE ISSUER"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

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

Woori Financial Group updated its earlier disclosure about cancelling treasury shares. The board now specifies retiring 5,986,638 common shares, with an estimated value of KRW 199,999,876,475, scheduled for June 18, 2026, while keeping other key details unchanged from February 2026.

How many Woori Financial Group (WF) shares will be cancelled?

The company plans to cancel 5,986,638 common shares held as treasury shares. This retirement reduces the number of shares the company holds in its own stock, potentially affecting share count metrics once the cancellation takes effect on June 18, 2026.

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

The estimated value of the treasury shares to be cancelled is KRW 199,999,876,475. This figure reflects the Korean won value associated with the 5,986,638 common shares designated for retirement under the board’s previously approved cancellation resolution.

When will Woori Financial Group (WF) cancel the treasury shares?

The scheduled date for cancelling the designated treasury shares is June 18, 2026. On that date, Woori Financial Group intends to retire 5,986,638 common shares in line with the updated details provided in this Form 6-K filing.

Is this Woori Financial Group (WF) filing a new decision or an update?

This filing is an update to a prior February 2026 disclosure about treasury share cancellation. Woori Financial confirms that key details remain the same, while highlighting the specific share count, estimated value, and June 18, 2026 cancellation date.
 
 

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 June 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 ☐

 

 
 


Update on Resolution for Cancellation of Treasury Shares

On June 10, 2026, Woori Financial Group Inc. (“Woori Financial Group”) updated its previous disclosure made on its Form 6-K furnished on February 6, 2026 (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

     5,986,638  
  

Different classes of stocks

     —   

4. Estimated amount of shares to be cancelled (KRW)

     199,999,876,475  

7. Scheduled date of cancellation

     6/18/2026  

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: June 10, 2026     By:  

/s/ Seong Min Kwak

      (Signature)
    Name:   Seong Min Kwak
    Title:   Deputy President