Son Tae-seung, Chairman of Woori Financial Group, Purchases 5,000 Shares of Company Stock to "Enhance Corporate Value"

[Asia Economy Reporter Song Seung-seop] Sohn Tae-seung, Chairman of Woori Financial Group, and Lee Won-duk, the designated President of Woori Bank, along with other executives of the group, have purchased their company’s shares.

On the 4th, Woori Financial Group announced that Chairman Sohn Tae-seung purchased 5,000 shares of Woori Financial Group stock on the open market. The number of shares held by Chairman Sohn increased to 108,127.

Chairman Sohn’s purchase of company shares is interpreted as a demonstration of his commitment to enhancing corporate value. The stock price of Woori Financial Group has recently been adjusted due to external factors including geopolitical risks. This contrasts with the sharp upward trend since the last quarter, driven by full privatization and improved performance.

A Woori Financial Group official explained, “Chairman Sohn has consistently purchased company shares whenever temporary stock price adjustments occurred, signaling the group’s solid fundamentals and commitment to increasing corporate value. This year, we plan to actively communicate with investors by resuming overseas corporate activities (IR).”

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