BuybackJun 10, 2026, 06:07 AM
KT Corp acquires 1.87M treasury shares for KRW 110.2B
AI Summary
KT Corp reported the acquisition of 1,871,295 common shares through a share repurchase trust agreement with NH INVESTMENT & SECURITIES CO.,LTD. The total value of these acquisitions, made between April 1 and June 8, 2026, amounted to KRW 110,213,701,500, at an average price of KRW 59,153 per share. This represents 44.1% of the total KRW 250,000 million contract amount for the buyback program, which runs until September 9, 2026. Following these transactions, KT Corp's total treasury share ownership stands at 12,689,877 common shares, or 5.04% of its total issued shares.
Key Highlights
- KT Corp acquired 1,871,295 common shares through a trust agreement.
- The aggregate value of the acquired shares was KRW 110,213,701,500.
- The average price paid per share was KRW 59,153.
- The share repurchase trust agreement with NH INVESTMENT & SECURITIES CO.,LTD was dated March 10, 2026.
- The contract period for the share repurchase is from March 10, 2026, to September 9, 2026, with a contract amount of KRW 250,000 million.
- As of June 10, 2026, the acquisition ratio to the trust contract amount was 44.1%.
- Total treasury shares held by KT Corp, including those acquired by trust, are 12,689,877 common shares, representing 5.04% of total issued shares.
- The largest shareholders, Hyundai Motor Company and Hyundai Mobis, maintained their shareholdings at 12,251,234 and 8,094,466 common shares respectively.
Price Impact
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