Woori Financial Group Cancels 4.85M Treasury Shares in KRW 150B Buyback
WF sits 28% above its 52-week low of $48.83.
Summary
Woori Financial Group announced a new KRW 150 billion share cancellation program, canceling 4.85 million treasury shares. This is a fresh capital return initiative following a similar KRW 200 billion buyback completed in June 2026.
Key Events · Financing and Capital Events · WF
-
New Share Cancellation Program
Board resolved to cancel 4,854,368 common shares, estimated at KRW 150 billion, using treasury shares acquired via a trust agreement.
-
Financial Impact
The cancellation reduces total shares outstanding from 728.1 million, providing a modest EPS accretion. No reduction in paid-in capital.
-
Acquisition and Cancellation Timeline
Treasury shares will be acquired from July 24, 2026 to January 22, 2027, with cancellation upon completion of the trust agreement.
-
Prior Buyback Context
Follows a KRW 200 billion buyback completed in June 2026 that canceled 5.99 million shares, demonstrating sustained capital return.
Analysis · WF · Finance
Woori Financial Group's board resolved to cancel 4.85 million treasury shares, representing a KRW 150 billion buyback. This follows a KRW 200 billion buyback completed in June 2026, signaling continued capital return to shareholders. The cancellation reduces the total shares outstanding, providing a modest earnings-per-share uplift. The program runs through January 2027, with shares acquired via a trust agreement.
How filings like this one have moved
In the 30 days to Sep 20, 2026, 29.4% of the 1574 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WF was trading at $62.72 on NYSE in the Finance sector, with a market capitalization of approximately $15.2B. The 52-week trading range was $48.83 to $84.71. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.