Woori Financial to cancel 57,369 common shares

The cancellation is scheduled to reduce issued shares without reducing paid-in capital, although the scheduled date may change.

Rhea-AI Filing Summary

Woori Financial Group Inc. (WF) said its board resolved on October 23, 2026, to cancel 57,369 common shares using previously acquired treasury shares. The cancellation is scheduled for November 6, 2026, subject to change based on consultations with relevant authorities. The company stated that paid-in capital will not decrease, while the total number of shares issued will decrease. The estimated cancellation amount of KRW 743,455,227 represents the book value of the treasury shares as of the board resolution.

Key Figures

Common shares to be cancelled: 57,369 shares Total shares issued: 736,786,557 shares Estimated amount of shares to be cancelled: KRW 743,455,227 +1 more

4 metrics

Common shares to be cancelled 57,369 shares Resolved by the board on October 23, 2026

Total shares issued 736,786,557 shares As listed in the cancellation resolution

Estimated amount of shares to be cancelled KRW 743,455,227 Book value of the treasury shares as of the board resolution

Par value per share KRW 5,000 Common stock

Key Terms

treasury shares, paid-in capital, par value

3 terms

treasury shares financial

"Previously acquired 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.

paid-in capital financial

"there will be no reduction in the paid-in capital"

Paid-in capital is the cash and other assets shareholders have given a company in exchange for its stock, including amounts paid above the stock’s nominal value. Investors care because it shows how much funding came directly from owners rather than from borrowing or profits, affecting the company’s financial cushion, ownership dilution and how resilient it may be in tough times — like the extra money people pay above a ticket price to support a project they believe in.

par value financial

"Par value per share (KRW)"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WF shares will Woori Financial Group cancel?

Woori Financial Group plans to cancel 57,369 common shares from previously acquired treasury shares.

When is Woori Financial Group’s share cancellation scheduled?

The cancellation is scheduled for November 6, 2026. The scheduled date is subject to change based on factors including consultations with relevant authorities.

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

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Available on EDGAR 10/23/2026 - 06:17 AM EDT Accepted by SEC EDGAR 10/23/2026 - 06:17 AM EDT Learn about SEC filing dates

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 October 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 October 23, 2026, the board of directors of Woori Financial Group Inc. (“Woori Financial Group”) resolved to cancel 57,369 shares of its common stock. The details are as follows:

1. Class and number of shares to be cancelled		Common stock		57,369
		Different classes of stocks		—
2. Total number of shares issued		Common stock		736,786,557
		Different classes of stocks		—
3. Par value per share (KRW)				5,000
4. Estimated amount of shares to be cancelled (KRW)				743,455,227
5. Scheduled period of acquisition of treasury shares for cancellation		Start date		—
		End date		—
6. Method of acquisition of shares to be cancelled				Previously acquired treasury shares
7. Scheduled date of cancellation				11/6/2026
8. Date of board resolution (decision date)				10/23/2026
- Attendance of independent directors		Present (No.)		7
		Absent (No.)		0

Other Considerations:

- The cancellation of shares above will be conducted in accordance with Article 343(1) of the Korean Commercial Code (the “KCC”), by which treasury shares acquired in accordance with Article 341-2, Subparagraph 3 of the KCC will be cancelled pursuant to a resolution of the board of directors. Accordingly, 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 represents the book value of the treasury shares subject to cancellation as of the date of the resolution of the board of directors.

- The item “7. Scheduled date of cancellation” above is subject to change depending on factors such as consultations with relevant authorities, among others.

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: October 23, 2026						By:  /s/ Seong Min Kwak
						(Signature)
						Name: Seong Min Kwak
						Title: Deputy President