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[Apha Biz=(Chicago) Reporter Paul Lee] KT&G announced on the 26th that it has acquired a total of 3.47 million shares from the 4th of last month to the 22nd of this month. The acquisition value is about 302.6 billion won in total.
KT&G will retire repurchased treasury stocks entirely on 10/5.
KT&G said in January this year that it will return shareholders to 890 billion won, including 300 billion won in treasury stock purchases and 590 billion won in dividends. The acquisition and incineration of treasury stocks is part of such shareholder return measures announced by KT&G.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
