KT Corporation (KT) has released an update.
KT Corporation has announced its decision to dispose of 108,128 treasury shares to fund performance-based incentives for executive officers and grants for outside directors for 2023. The shares are priced at 36,400 KRW each, with the estimated total value of the disposal at approximately 3.94 billion KRW. The disposal period is set from April 11, 2024, to June 24, 2024, and will be conducted via off-market transactions.
For further insights into KT stock, check out TipRanks’ Stock Analysis page.
