Woori Financial Group Cancels 2000 Billion Won Treasury Stock Trust and Burns 5.99 Million Shares, Boosting Shareholder Value

Woori Financial Group decided on June 10, 2026 to cancel approximately 5.99 million shares following the termination of its treasury stock acquisition trust contract.
The shares to be cancelled represent about 0.82% of total outstanding shares, reducing the number of circulating shares and potentially increasing earnings per share.
The cancellation is conducted within distributable profits without reducing capital, as part of the company's shareholder return policy.
The scheduled cancellation date is June 18, 2026, subject to consultation with relevant authorities.
[AI Summary]By canceling approximately 5.99 million shares after terminating the trust contract, Woori Financial Group reduces its outstanding shares by 0.82%, boosting per-share value. This cancellation, funded from distributable profits without capital reduction, signals strong shareholder commitment and is expected to positively impact the stock price.