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KT Corporation Launches KRW 250 Billion Treasury Share Cancellation Plan

Story Highlights
  • KT Corporation’s board approved cancelling about 4.2 million treasury shares, valued at KRW 250 billion.
  • The buyback runs March 10 to September 9, 2026 via trust, supporting KT’s Corporate Value-Up Plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KT Corporation Launches KRW 250 Billion Treasury Share Cancellation Plan

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The latest update is out from KT ( (KT) ).

On February 10, 2026, KT Corporation’s board approved the cancellation of an estimated 4,215,851 common shares, representing part of its treasury stock, with an indicative cancellation amount of KRW 250 billion based on the February 9 closing price of KRW 59,300. The buyback for cancellation will be executed via a trust contract with NH Investment & Securities between March 10 and September 9, 2026, under the company’s Corporate Value-Up Plan announced in November 2025, and all acquired shares are to be canceled after the trust ends, subject to Korea’s 49% foreign ownership cap.

The most recent analyst rating on (KT) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on KT stock, see the KT Stock Forecast page.

Spark’s Take on KT Stock

According to Spark, TipRanks’ AI Analyst, KT is a Neutral.

KT’s overall stock score reflects stable financial performance and attractive valuation, tempered by mixed technical indicators and challenges highlighted in the earnings call. The company’s strong revenue growth and dividend yield are significant positives, but potential risks from security issues and segment declines warrant caution.

To see Spark’s full report on KT stock, click here.

More about KT

KT Corporation is a Korean telecommunications company headquartered in Seongnam-si, Gyeonggi-do, operating under the Telecommunications Business Act. The company provides telecom and related digital services, and its shares are listed for international investors subject to a 49% foreign ownership limit, reflecting its role as a key national network operator.

Average Trading Volume: 1,752,712

Technical Sentiment Signal: Buy

Current Market Cap: $9.33B

For an in-depth examination of KT stock, go to TipRanks’ Overview page.

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