KT (KT) has released an update.
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KT Corporation has announced plans to dispose of 7,171 treasury shares to cover long-term performance-based compensation. The disposal, which will be conducted over-the-counter through NH Securities, is expected to raise approximately 293 million KRW. This strategic move is part of KT’s broader efforts to manage its treasury shares efficiently.
For further insights into KT stock, check out TipRanks’ Stock Analysis page.
