KT&G Corporation (KOSE:A033780) announces a share repurchase program. Under the program, the company will repurchase up to 1,350,000 common shares. The purpose of the share repurchase program is to enhance shareholder value and stock burn.
The program is valid until December 6, 2024. As of November 6, 2024, the company had 17,486,274 shares in treasury within scope available for dividend and had 20,180 shares in treasury through other repurchases.