Woori Financial (NYSE: WF) plans 6,269,592-share cancellation worth 200,000,000,000 KRW

Rhea-AI Filing Summary

Woori Financial Group Inc. has approved the cancellation of 6,269,592 shares of its common stock as part of a treasury share retirement plan. The board of directors adopted this resolution on February 6, 2026, with all seven independent directors present and none absent.

The company lists an estimated amount of 200,000,000,000 KRW for the shares to be cancelled. Treasury shares for this cancellation are scheduled to be acquired between 2/10/2026 and 6/10/2026 using a method described as “miscellaneous.” Woori’s total issued common shares are stated as 734,076,320.

Insights

Equity capital structure analyst

Woori plans a sizable treasury share cancellation over early 2026.

Woori Financial Group has authorized the cancellation of 6,269,592 common shares, with an estimated value of 200,000,000,000 KRW. The shares are to be acquired as treasury stock between 2/10/2026 and 6/10/2026 using a miscellaneous acquisition method.

Once executed and cancelled, this action would reduce the number of common shares outstanding relative to the stated total of 734,076,320 shares, which can concentrate ownership among remaining shareholders. The resolution passed with all seven independent directors present, suggesting full board-level support.

The timing and scale of actual share acquisitions within the February–June 2026 window will determine the eventual impact on the capital structure. Subsequent company disclosures may provide more detail on execution progress and the final cancellation date.

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

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Accepted by SEC EDGAR 02/06/2026 - 06:13 AM Learn about SEC filing dates

FAQ

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

Woori Financial Group Inc. announced a board-approved plan to cancel 6,269,592 common shares. The filing describes this as a cancellation of treasury shares, with an estimated value of 200,000,000,000 KRW and a defined acquisition period in early 2026.

How many Woori Financial Group (WF) shares are planned for cancellation?

The board approved cancelling 6,269,592 shares of Woori Financial Group’s common stock. These shares are to be acquired as treasury stock and then retired, according to the resolution described in the Form 6-K, as part of a structured share cancellation program.

What is the estimated monetary amount of Woori Financial Group’s planned share cancellation?

The estimated amount for the shares to be cancelled is 200,000,000,000 KRW. This figure reflects the projected value of the common shares that Woori Financial Group expects to acquire as treasury stock and subsequently cancel under the board’s resolution.

Over what period will Woori Financial Group (WF) acquire treasury shares for cancellation?

Woori plans to acquire treasury shares for cancellation from 2/10/2026 to 6/10/2026. This scheduled period defines when the company expects to buy back the shares that will later be retired, as outlined in the Form 6-K disclosure.

How many total common shares has Woori Financial Group issued, according to this filing?

The filing states that Woori Financial Group has issued 734,076,320 common shares. This total issued share count provides context for the planned cancellation of 6,269,592 shares as part of the treasury share retirement resolution.

Was the Woori Financial Group share cancellation resolution supported by independent directors?

Yes, all seven independent directors were present for the resolution, with none absent. The Form 6-K specifies attendance of independent directors as seven present and zero absent when approving the plan to cancel 6,269,592 common shares.

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 for the Cancellation of Treasury Shares

On February 6, 2026, the board of directors of Woori Financial Group Inc. (“Woori Financial Group”) resolved to cancel 6,269,592 shares of its common stock. The details are as follows:

1. Class and number of shares to be retired		Common stock			6,269,592
		Different classes of stocks			—
2. Total number of shares issued		Common stock			734,076,320
		Different classes of stocks			—
3. Par value per share (KRW)					5,000
4. Estimated amount of shares to be cancelled (KRW)					200,000,000,000
5. Scheduled period of acquisition of treasury shares for cancellation		Start date			2/10/2026
		End date			6/10/2026
6. Method of acquisition of shares to be cancelled					Miscellaneous
7. Scheduled date of cancellation					—
8. Date of board resolution (decision date)					2/6/2026
- Attendance of independent directors		Present (No.)			7
		Absent (No.)			0

Other Considerations :

• The cancellation of shares above is conducted in accordance with Article 343, Paragraph 1 of the Korean Commercial Code.

• The cancellation of these shares constitutes the cancellation of treasury shares acquired pursuant to a resolution of the board of directors within the limits of profits available for dividends, and as such, there will be no reduction in the paid-in capital of Woori Financial Group, although the total number of shares issued will decrease.

• The item “4. Estimated amount of shares to be cancelled (KRW)” above is calculated based on the estimated retirement amount resolved through the meeting of the board of directors held on the date hereof.

• Regarding items “6. Method of acquisition of shares to be cancelled” and “7. Scheduled date of cancellation” above, Woori Financial Group plans to cancel all of its acquired treasury shares upon the completion of its acquisition through a trust agreement. For further details on the acquisition of treasury shares, please refer to our report on Form 6-K titled “Resolution to Enter into a Trust Agreement of Treasury Shares” dated February 6, 2026.

• Regarding item “7. Scheduled date of cancellation” above, Woori Financial Group intends to cancel all acquired shares after completing the acquisition. Woori Financial Group plans to coordinate with the relevant parties and provide a further update in due course.

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