KT&G Announces KRW 360 Billion Share Buyback and Retirement to Enhance Shareholder Value

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KT&G will repurchase and cancel all of its treasury shares worth 360 billion won. KT&G announced on the 22nd that it held a board meeting and decided to repurchase and cancel 2.07 million treasury shares, equivalent to approximately 2% of the total outstanding shares. The company plans to begin open market purchases on the 23rd of this month and cancel the entire amount once the acquisition is complete. This share repurchase is part of the plan …

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Kim Se-rin = KT&G [033780] held a board meeting on the 22nd and [purchased] 2... treasury shares worth approximately 360 billion won to enhance shareholder value.

ddaily.co.kr

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[Digital Daily Reporter Yoo Chae-ri] KT&G held a board meeting on the 22nd and decided to repurchase and cancel approximately 360 billion won worth of treasury shares to enhance shareholder value. This amounts to a total of 2.07 million shares, representing about 2% of the total outstanding shares. This decision puts into actual action the plan announced last February to repurchase and cancel over 300 billion won worth of new treasury shares. K…

asiae.co.kr

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KT&G announced on the 22nd that it held a board meeting and decided to buy back and cancel 2.07 million treasury shares worth approximately 360 billion won, which is about 2% of the total number of issued shares.