KT Corporation Announces Upcoming Merger Plans

KT (KT) has released an update.

KT Corporation has reported to the SEC that it plans a small-scale merger with KT NexR, setting October 10, 2024, as the record date to determine eligible shareholders to vote on the matter. The decision follows the company’s regulations and KOSPI Market Listing Regulation requirements. The news indicates significant corporate activity that could influence KT Corporation’s stock performance.

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