KT&G: New, Upgraded Total Shareholder Return Plan
KT&G announced a new shareholder return policy worth a total of 3.7 trillion won, including 2.4 trillion won in dividends and 1.3 trillion won in treasury shares buybacks by 2027.
On an annual basis, the total shareholder returns from 2025 to 2027 would be about 1.2 trillion won, which represents about 8.8% of the company's current market cap.
This is better than the one the company provided last year. KT&G also reported solid results in 3Q 2024 driven by excellent results in core tobacco business.
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