The latest update is out from Woori Finance Holdings Co ( (WF) ).
On March 26, 2025, Woori Financial Group Inc. held its Annual General Meeting of Shareholders for the fiscal year 2024, where all seven agenda items were approved. These included the approval of financial statements, amendments to the Articles of Incorporation, reductions to the capital reserve, and the election of directors and audit committee members. Notably, the reduction in capital reserve is set to increase distributable profit by KRW 3.0 trillion, enhancing shareholder returns through non-taxable dividends. This strategic move is expected to bolster the company’s financial flexibility and appeal to investors by offering tax advantages on dividends.
More about Woori Finance Holdings Co
Woori Financial Group Inc. is a prominent player in the financial services industry, primarily offering banking and financial products and services. The company is headquartered in Seoul, Korea, and focuses on providing comprehensive financial solutions to its clients.
YTD Price Performance: 10.78%
Average Trading Volume: 60,512
Technical Sentiment Signal: Strong Sell
Current Market Cap: $8.56B
See more data about WF stock on TipRanks’ Stock Analysis page.