StockWatch
·
Commercial Banks
BuybackJun 10, 2026, 06:07 AM

Woori Financial Group Terminates KRW 200B Treasury Share Agreement

AI Summary

Woori Financial Group Inc. announced the termination of its trust agreement for the acquisition of treasury shares, effective June 10, 2026. The agreement, originally for KRW 200 billion, expired as per its terms. Following termination, the acquired treasury shares, totaling 5,986,638 common shares, will be delivered to the company's account and subsequently cancelled within one month.

Key Highlights

  • Treasury share acquisition trust agreement terminated June 10, 2026.
  • Original contract amount was KRW 200,000,000,000.
  • Termination occurred due to expiration of the agreement's term.
  • 5,986,638 common shares (0.82%) acquired from profits for dividend.
  • 53,945 common shares (0.01%) acquired through other means.
  • 5,986,638 common shares will be cancelled post-termination.
  • Shares expected to be cancelled within one month.