KT&G Announces KRW 360 Billion Share Buyback to Enhance Shareholder Value
KT&G announced on September 22, 2026, that its board approved a share buyback and retirement plan worth approximately KRW 360 billion. The company will purchase around 2.07 million shares (about 2% of total issued shares) starting from September 23 through open-market transactions, with all acquired shares to be retired upon completion. This move is part of KT&G's previously announced plan in February to repurchase and retire over KRW 300 billion worth of shares. The company has already exceeded its share retirement target under the 2024–2027 shareholder return policy by retiring treasury shares valued at around KRW 1.8 trillion earlier this year. KT&G also reported strong first-half earnings, with operating profit rising 22.6% YoY to KRW 779 billion and revenue up 12%. The company raised its interim dividend per share by KRW 600 to KRW 2,000 and plans to unveil a new shareholder return policy in Q4 focused on stronger dividends.
Topics: dividend increase operating profit growth share buyback