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Woori Finance Holdings Co ( (WF) ) just unveiled an update.
Woori Financial Group Inc., based in Seoul, Korea, is a prominent player in the financial services industry. On February 7, 2025, the board of directors announced a resolution to cancel 9,596,928 shares of its common stock as a part of its strategic financial management. This action, aligned with Article 343, Paragraph 1 of the Korean Commercial Code, will not affect the paid-in capital but will reduce the total number of issued shares. The cancellation is scheduled to be completed by September 11, 2025, and is expected to enhance shareholder value without reducing the company’s capital.
More about Woori Finance Holdings Co
YTD Price Performance: 4.44%
Average Trading Volume: 61,504
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.02B
For a thorough assessment of WF stock, go to TipRanks’ Stock Analysis page.
