Business Context and Reporting Period
This Form 6-K filing by Woori Financial Group Inc. is dated March 26, 2025. The report announces a corporate governance update regarding the determination of record dates for quarterly dividends in 2025, following an amendment to the company's Articles of Incorporation approved at the annual general meeting of shareholders on the same date.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a notice of record dates and does not contain financial performance data.
Material Changes
Woori Financial Group amended its Articles of Incorporation (Article 60) to align with a January 21, 2025, amendment to the Financial Investment Services and Capital Markets Act of Korea. Previously, record dates for quarterly dividends were fixed at the end of March, June, and September. The Board of Directors now has the authority to determine these dates in advance to enhance dividend predictability for investors.
Guidance, Outlook, and Management Commentary
The Board of Directors has fixed the record dates and expected payment dates for the first three quarters of 2025. The actual dividend amounts for these quarters will be determined by the Board within 45 days following the end of each respective quarter (March, June, and September). These dates apply to both common shareholders and holders of American Depositary Shares (ADSs).
- Q1 2025: Record Date May 10, 2025; Expected Payment May 30, 2025.
- Q2 2025: Record Date August 10, 2025; Expected Payment August 29, 2025.
- Q3 2025: Record Date November 10, 2025; Expected Payment November 28, 2025.
Note: Expected payment dates are subject to change based on cooperation with relevant institutions.
Key Facts for Investor Verification
- Verify the specific dividend amounts once the Board of Directors announces them within 45 days after the end of each quarter.
- Confirm the final payment dates, as the expected dates listed are subject to change.
- Ensure the record dates (May 10, August 10, November 10) are met to be eligible for the respective quarterly distributions.