KT (KT) has released an update.
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KT Corporation has unveiled its ambitious Corporate Value-Up Plan targeting significant growth by 2028. The company aims to triple its AI/IT revenue, boost its operating profit margin to 9%, and enhance capital efficiency through a KRW 1 trillion treasury share buyback. This strategic shift also involves liquidating non-core assets to fund capital allocation.
For further insights into KT stock, check out TipRanks’ Stock Analysis page.