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KT ( (KT) ) just unveiled an update.
On February 13, 2025, KT Corporation announced its decision to cancel 5,537,099 common treasury shares, a move aimed at enhancing corporate value. The cancellation is part of the ‘Corporate Value-Up Plan’ and will be executed through a trust contract with Shinhan Securities Co., Ltd. over a six-month period. This strategic decision reflects KT’s commitment to improving shareholder value and optimizing its capital structure.
More about KT
YTD Price Performance: 7.55%
Average Trading Volume: 1,876,510
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.64B
Learn more about KT stock on TipRanks’ Stock Analysis page.
