KT (KT) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.