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Woori Financial Group Reports Strong 2024 Performance and Governance Enhancements

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Woori Financial Group Reports Strong 2024 Performance and Governance Enhancements

Woori Finance Holdings Co ( (WF) ) has issued an announcement.

In March 2025, Woori Financial Group announced a significant financial performance for 2024, achieving a net income of KRW 3.086 trillion, a 23.1% increase from the previous year, despite market volatility. The company also implemented a Corporate Value Enhancement Plan and announced a 20% increase in annual dividends, reflecting its commitment to shareholder returns. Additionally, WFG repurchased and canceled a 1.24% stake from KDIC as part of its privatization efforts. The company is actively enhancing its governance and internal controls, proposing the establishment of an Ethics and Internal Control Committee. WFG continues to focus on ESG initiatives, earning recognition for its efforts, and plans to appoint new independent directors to strengthen its governance framework.

More about Woori Finance Holdings Co

Woori Financial Group Inc. is a prominent financial institution based in Korea, operating in the banking sector. The company focuses on providing a wide range of financial services and products, including banking, investment, and insurance solutions, with a strong emphasis on enhancing shareholder value and maintaining robust financial health.

YTD Price Performance: 6.56%

Average Trading Volume: 63,668

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.29B

For detailed information about WF stock, go to TipRanks’ Stock Analysis page.

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