Woori Financial Group Acquires Additional Woori Financial Capital Shares Worth 23.7 Billion KRW

[Asia Economy Reporter Lee Junhyung] Woori Financial Group announced on the 21st that it has decided to additionally acquire 2,064,059 shares of its subsidiary Woori Financial Capital.

The acquisition amount is approximately 23.7 billion KRW, accounting for 0.09% of its equity capital. After the acquisition, Woori Financial Group's shareholding ratio will be 90.47%. The scheduled acquisition date is the 24th.

The company stated the purpose of the acquisition as "enhancing corporate value through increased management efficiency and strengthening group unity."