Business · Markets · 4 hrs ago
Foreign ownership of Woori Financial Group tops 50% for first time
Foreign ownership of Woori Financial Group has topped 50% for the first time since it became a financial holding company.
The stake rose by nearly six percentage points in four months, and foreign investors bought about 460 billion won of its shares in one month.
Investors have been drawn by its low valuation and tax-free dividends, alongside an improving capital ratio.
These features have made the group’s shareholder returns appealing compared with those of South Korea’s other three major financial holding companies.
The share price fell 3.68% on October 23 to 30,100 won, after rising to 36,850 won on September 14.
It is now 18.3% below that peak, despite its rise earlier in the second half of the year.
Foreign ownership of Woori Financial Group topped 50% for the first time since the financial holding company was launched.
The foreign stake rose by nearly 6 percentage points over four months.
The article attributed the increase to the group’s low valuation, tax-free dividends and improving capital ratio.
On Oct. 23, Woori Financial shares fell 3.68% to 30,100 won.
- Who
- Foreign investors increased their holdings in Woori Financial Group.
- What
- The foreign ownership stake exceeded 50% for the first time since the group was launched.
- When
- The stake rose over four months; it had topped 50% by Oct. 23, 2026.
- Where
- Woori Financial Group, listed on South Korea’s securities market.
- Why
- The article cited the group’s low valuation, tax-free dividends and improving capital ratio.
This story does not have two clearly opposing sides.
Foreign ownership of Woori Financial Group rose by nearly 6 percentage points.
The foreign ownership stake was reported to have exceeded 50% for the first time since the group’s launch.
- Foreign ownership
- More than 50%
- Increase over four months
- Nearly 6 percentage points
- Share price on Oct. 23
- 30,100 won
- Share-price change on Oct. 23
- Down 3.68%